Core PCE Price Index Annual Change in the United States decreased to 2.78 percent in February from 2.88 percent in January of 2024. Core PCE Price Index Annual Change in the United States averaged 3.24 percent from 1960 until 2024, reaching an all time high of 10.22 percent in February of 1975 and a record low of 0.63 percent in July of 2009. source: U.S. Bureau of Economic Analysis

Core PCE Price Index Annual Change in the United States is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core PCE Price Index Annual Change is projected to trend around 2.10 percent in 2025, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-02-29 01:30 PM
Core PCE Price Index YoY
Jan 2.8% 2.9% 2.8% 2.9%
2024-03-29 12:30 PM
Core PCE Price Index YoY
Feb 2.8% 2.9% 2.8% 2.7%
2024-04-26 12:30 PM
Core PCE Price Index YoY
Mar 2.8% 2.6% 2.7%


Related Last Previous Unit Reference
Core PCE Price Index 121.17 120.85 points Feb 2024
Core PCE Price Index YoY 2.78 2.88 percent Feb 2024
Core PCE Price Index MoM 0.30 0.50 percent Feb 2024
Core PCE Prices 3.70 2.00 percent Mar 2024
GDP Price Index 124.22 123.27 points Mar 2024
PCE Price Index 122.31 121.91 points Feb 2024
PCE Price Index YoY 2.45 2.43 percent Feb 2024
PCE Price Index MoM 0.30 0.40 percent Feb 2024
PCE Prices 3.40 1.80 percent Mar 2024

United States Core PCE Price Index Annual Change
In the United States, the Core Personal Consumption Expenditure Price Index provides a measure of the prices paid by people for domestic purchases of goods and services, excluding the prices of food and energy. The core PCE is the Fed's preferred inflation measure. The central bank has a 2 percent target.
Actual Previous Highest Lowest Dates Unit Frequency
2.78 2.88 10.22 0.63 1960 - 2024 percent Monthly
SA

News Stream
US Annual Core PCE Inflation Rises the Least Since April 2021
The US core PCE price index, the Federal Reserve’s preferred gauge to measure inflation, rose by 3.5% from the previous year in October of 2023, the least since April 2021. The result was in line with market expectations and marked a slowdown from the previous month’s 3.7%. On a monthly basis, core PCE prices advanced by 0.2%, easing from the 0.3% increase in September.
2023-11-30
Core PCE Inflation Slows to 2-Year Low
The US core PCE price index, the Federal Reserve’s preferred gauge to measure inflation, rose by 3.7% from the previous year in September of 2023, the least since May 2021. The result was in line with market expectations and marked a slight slowdown from the previous month’s downwardly revised 3.8%. On a monthly basis, however, core PCE prices advanced by 0.3%, accelerating from the 0.1% increase in August.
2023-10-27
US Core PCE Prices Rise the Least Since September 2021
The US core PCE price index, the Federal Reserve’s preferred gauge to measure inflation, rose by 3.9 percent annually in August 2023, the least since May 2021 and in line with market expectations. On a monthly basis, core PCE prices went up 0.1 percent, less than forecasts of 0.2 percent. When factoring in food and energy costs, the PCE price index climbed 0.4 percent from the previous month and 3.5 percent from the corresponding period in the previous year.
2023-09-29