Discussion Paper

Measurement of “Computer Software and Accessories” Inflation


Abstract: From November 2025 to March 2026, the "Computer Software and Accessories" category of the Personal Consumption Expenditures (PCE) price index made an unprecedented contribution to the rise in core and core goods inflation. Figure 1 shows the historical average since 2000 for core and core goods inflation while excluding software (blue bars) along with the contribution of software (gray bars).

https://doi.org/10.17016/2380-7172.4089

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2026-05-22

Number: 2026-05-22