Core PCE prices in the United States, which exclude food and energy, rose by 0.3% from the previous month in February of 2024, extending the upwardly revised, one-year high increase of 0.5% in January, and consistent with market expectations. From the previous year, core PCE prices rose by 2.8%, easing slightly from the upwardly revised 2.9% increase in January. source: U.S. Bureau of Economic Analysis

Core PCE Price Index MoM in the United States decreased to 0.30 percent in February from 0.50 percent in January of 2024. Core PCE Price Index MoM in the United States averaged 0.26 percent from 1959 until 2024, reaching an all time high of 1.00 percent in May of 1974 and a record low of -0.60 percent in September of 2001. This page includes a chart with historical data for the United States Core Pce Price Index MoM. United States Core PCE Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.

Core PCE Price Index MoM in the United States decreased to 0.30 percent in February from 0.50 percent in January of 2024. Core PCE Price Index MoM in the United States is expected to be 0.20 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 MoM is projected to trend around 0.20 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 MoM
Jan 0.4% 0.1% 0.4% 0.3%
2024-03-29 12:30 PM
Core PCE Price Index MoM
Feb 0.3% 0.5% 0.3% 0.3%
2024-04-26 12:30 PM
Core PCE Price Index MoM
Mar 0.3% 0.3% 0.3%


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 MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.50 1.00 -0.60 1959 - 2024 percent Monthly
2012=100; SA

News Stream
US Core PCE Prices Rise as Expected
Core PCE prices in the United States, which exclude food and energy, rose by 0.3% from the previous month in February of 2024, extending the upwardly revised, one-year high increase of 0.5% in January, and consistent with market expectations. From the previous year, core PCE prices rose by 2.8%, easing slightly from the upwardly revised 2.9% increase in January.
2024-03-29
US Core PCE Prices Accelerate as Expected
Core PCE prices in the US, which exclude food and energy, increased by 0.4% from the previous month in January 2024, the most since February 2023 and in line with market expectations. It follows a downwardly revised 0.1 percent increase in December. Core PCE prices rose by 2.8% from the previous year, the least since March 2021 and slowing from 2.9% in December.
2024-02-29
Core PCE Inflation Cools Further
Core PCE prices in the US, which exclude food and energy, rose by 0.2% from the previous month in December of 2023, aligned with market estimates, and picking up slightly from the 0.1% increase in November. From the previous year, core PCE prices edged 2.9% higher, undershooting market estimates of 3% to mark the lowest reading since February 2021. The data extended the disinflation trend in prices measured by the Federal Reserve’s preferred gauge, consistent with previous signals of rate cuts to be delivered this year. Regarding the whole national PCE that includes energy and food, prices rose by 0.2% from the prior month and 2.6% from the prior year, consistent with expectations. Prices for goods rose by less than 0.1% from 2022, while those for services remained elevated at 3.9%.
2024-01-26