Historical Year Data · 1988

PCE Price Index in 1988

PCE Price Index opened 1988 at 53.83 and closed at 55.93, a +3.90% move for the year. The high of 55.93 was reached on December 1, and the low of 53.83 on January 1.

Open

53.83

1988-01

55.93

12 data points

High

55.93

Dec 1

Low

53.83

Jan 1

Full Year Change

+3.90%

1987 Change

+3.33%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	53.83	53.83	53.83	53.83	+0.00%
Feb	53.91	53.91	53.91	53.91	+0.00%
Mar	54.09	54.09	54.09	54.09	+0.00%
Apr	54.36	54.36	54.36	54.36	+0.00%
May	54.51	54.51	54.51	54.51	+0.00%
Jun	54.75	54.75	54.75	54.75	+0.00%
Jul	55.01	55.01	55.01	55.01	+0.00%
Aug	55.17	55.17	55.17	55.17	+0.00%
Sep	55.44	55.44	55.44	55.44	+0.00%
Oct	55.63	55.63	55.63	55.63	+0.00%
Nov	55.75	55.75	55.75	55.75	+0.00%
Dec	55.93	55.93	55.93	55.93	+0.00%

Events During 1988

1982 Latin American Debt Crisis

Deflation

August 1982 – 1989

Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.

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