PCE Price Index Annual Change in the United States increased to 2.45 percent in February from 2.43 percent in January of 2024. PCE Price Index Annual Change in the United States averaged 3.30 percent from 1960 until 2024, reaching an all time high of 11.60 percent in March of 1980 and a record low of -1.47 percent in July of 2009. source: U.S. Bureau of Economic Analysis

PCE Price Index Annual Change in the United States is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States 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
PCE Price Index YoY
Jan 2.4% 2.6% 2.4% 2.4%
2024-03-29 12:30 PM
PCE Price Index YoY
Feb 2.5% 2.4% 2.5% 2.4%
2024-04-26 12:30 PM
PCE Price Index YoY
Mar 2.5% 2.6% 2.6%


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 PCE Price Index Annual Change
In the United States, the Personal Consumption Expenditure Price Index provides a measure of the prices paid for domestic purchases of goods and services. While the Consumer Price Index assumes a fixed basket of goods and uses expenditure weights that do not change over time for several years, the Personal Consumption Expenditure Price Index uses a chain index and resorts on expenditure data from the current period and the preceding period (known as Fisher Price Index).
Actual Previous Highest Lowest Dates Unit Frequency
2.45 2.43 11.60 -1.47 1960 - 2024 percent Monthly
SA

News Stream
US Annual PCE Inflation Slows to 2021-Lows
The annual PCE inflation rate in the US cooled to 3% in October 2023, a low level not seen since March 2021, from 3.4% in the previous three months, and matching forecasts. Compared to the previous month, the personal consumption expenditure was flat, the weakest reading since July 2022, after a 0.4% rise in both September and August, and compared to forecasts of 0.1%. Meanwhile, annual core PCE inflation which excludes food and energy, slowed to 3.5% from 3.7%, a fresh low since mid-2021. The monthly rate eased to 0.2% from 0.3%. PCE inflation is the Fed's preferred inflation metric, and October figures showed inflationary pressures continue to moderate.
2023-11-30
US Annual PCE Inflation Steady at 3.4%
The annual PCE inflation rate in the US was steady at 3.4% in September 2023, the same as a downwardly revised 3.4% rate in the previous month and in line with forecasts. Compared to the previous month, the personal consumption expenditure price index rose 0.4%, the same as in August and above market forecasts of 0.3%. Meanwhile, annual core PCE inflation which excludes food and energy, slowed to 3.7%, the lowest reading since May 2021, matching forecasts of 3.7% and after a downwardly revised 3.8% in August. The monthly rate rose to a four-month high of 0.3% from 0.1% in August, in line with expectations.
2023-10-27
PCE Inflation Ticks Up to 3.5% as Expected
The personal consumption expenditure price index in the United States rose by 3.5% year-on-year in August 2023, the most in four months, after an upwardly revised July's 3.4% advance and matching market forecasts. Compared to the previous month, PCE prices were up 0.4% in August, after a 0.2% rise in July, slightly below market estimates of a 0.5% increase. Meanwhile, annual core PCE inflation fell to 3.9%, the lowest since September 2021, matching market forecasts, while the monthly rate eased to 0.1% from July's 0.2%, just below the market consensus of 0.2%.
2023-09-29