The personal consumption expenditure price index in the US likely went up 0.3% month-over-month in March 2024, the same as in February. Also, the core index, which excludes food and energy, is set to rise 0.3%, matching the previous month gain. Meanwhile, the annual PCE rate is seen accelerating for a second straight month to 2.6% from 2.5% while the annual core PCE inflation likely fell to 2.6%, the lowest in three years, from 2.8%. The Fed anticipates annual PCE inflation to reach 2.4% this year, with the core rate at 2.6%. source: U.S. Bureau of Economic Analysis

PCE Price Index Monthly Change in the United States decreased to 0.30 percent in February from 0.40 percent in January of 2024. PCE Price Index Monthly Change in the United States averaged 0.27 percent from 1959 until 2024, reaching an all time high of 3.40 percent in January of 2022 and a record low of -2.30 percent in February of 2021. This page includes a chart with historical data for the United States PCE Price Index Monthly Change. United States PCE Price Index Monthly Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-02-29 01:30 PM
PCE Price Index MoM
Jan 0.3% 0.1% 0.3% 0.3%
2024-03-29 12:30 PM
PCE Price Index MoM
Feb 0.3% 0.4% 0.4% 0.4%
2024-04-26 12:30 PM
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 PCE Price Index Monthly 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
0.30 0.40 3.40 -2.30 1959 - 2024 percent Monthly
2017=100; SA

News Stream
US PCE Report Set to Show Sticky Price Pressures
The personal consumption expenditure price index in the US likely went up 0.3% month-over-month in March 2024, the same as in February. Also, the core index, which excludes food and energy, is set to rise 0.3%, matching the previous month gain. Meanwhile, the annual PCE rate is seen accelerating for a second straight month to 2.6% from 2.5% while the annual core PCE inflation likely fell to 2.6%, the lowest in three years, from 2.8%. The Fed anticipates annual PCE inflation to reach 2.4% this year, with the core rate at 2.6%.
2024-04-26
US PCE Prices Rise Less than Expected
The personal consumption expenditure price index in the US increased 0.3% month-over-month in February 2024, below an upwardly revised 0.4% rise in January, and forecasts of 0.4%. Prices for services went up 0.3% and goods rose 0.5%. The annual rate edged up to 2.5%, in line with forecasts, from 2.4%, which was the lowest since February 2021. Meanwhile, monthly core PCE inflation which excludes food and energy and is preferred Fed inflation measure, slowed to 0.3% from an upwardly revised 0.5% in January, matching expectations. Separately, food prices increased 0.1% and energy prices soared 2.3%. Finally, the annual core inflation rate slowed to 2.8%, the lowest in about three years, from 2.9%.
2024-03-29
US PCE Inflation Seen Higher
The personal consumption expenditure price index in the US likely went up 0.4% month-over-month in February 2024, the most in four months, following a 0.3% rise in January. The monthly core index, which excludes food and energy, is set to rise 0.3%, slowing from a 0.4% gain in the previous month. The monthly PCE inflation is the Fed's preferred inflation metric and includes elements from bith the CPI and the PPI. Meanwhile, the annual PCE rate is seen accelerating to 2.5% from 2.4% which was the lowest since February 2021, while the annual core PCE inflation likely steadied at 2.8%, the lowest in about three years. The Fed sees annual PCE inflation at 2.4% this year and the core rate at 2.6%.
2024-03-29