Historical Year Data · 1988

Core PCE (ex Food/Energy) in 1988

Core PCE (ex Food/Energy) opened 1988 at 54.61 and closed at 56.86, a +4.14% move for the year. The high of 56.86 was reached on December 1, and the low of 54.61 on January 1.

Open

54.61

1988-01

56.86

12 data points

High

56.86

Dec 1

Low

54.61

Jan 1

Full Year Change

+4.14%

1987 Change

+3.37%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	54.61	54.61	54.61	54.61	+0.00%
Feb	54.72	54.72	54.72	54.72	+0.00%
Mar	54.95	54.95	54.95	54.95	+0.00%
Apr	55.22	55.22	55.22	55.22	+0.00%
May	55.41	55.41	55.41	55.41	+0.00%
Jun	55.64	55.64	55.64	55.64	+0.00%
Jul	55.87	55.87	55.87	55.87	+0.00%
Aug	56.01	56.01	56.01	56.01	+0.00%
Sep	56.31	56.31	56.31	56.31	+0.00%
Oct	56.52	56.52	56.52	56.52	+0.00%
Nov	56.68	56.68	56.68	56.68	+0.00%
Dec	56.86	56.86	56.86	56.86	+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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