PCE Price Index Annual Change in the United States increased to 2.30 percent in May from 2.20 percent in April of 2025. This dataset includes a chart with historical data for the United States PCE Price Index Annual Change.

BEA Account Code: DPCERG

The Personal Consumption Expenditures Price Index is a measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. The change in the PCE price index is known for capturing inflation (or deflation) across a wide range of consumer expenses and reflecting changes in consumer behavior. For example, if the price of beef rises, shoppers may buy less beef and more chicken.

The PCE Price Index is produced by the Bureau of Economic Analysis (BEA), which revises previously published PCE data to reflect updated information or new methodology, providing consistency across decades of data that's valuable for researchers. They also offer the series as a Chain-Type index, as above. The PCE price index is used primarily for macroeconomic analysis and forecasting.

The PCE Price index is the Federal Reserve’s preferred measure of inflation. The PCE Price Index is similar to the Bureau of Labor Statistics' consumer price index for urban consumers. The two indexes, which have their own purposes and uses, are constructed differently, resulting in different inflation rates.

For more information on the PCE price index, see: U.S. Bureau of Economic Analysis, Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/national/pdf/nipaguid.pdf) U.S. Bureau of Economic Analysis, Personal Consumption Expenditures Price Index (https://www.bea.gov/data/personal-consumption-expenditures-price-index) U.S. Bureau of Economic Analysis, Prices & Inflation (https://www.bea.gov/resources/learning-center/what-to-know-prices-inflation) U.S. Bureau of Labor Statistics, Differences between the Consumer Price Index and the Personal Consumption Expenditure Price Index (https://www.bls.gov/opub/btn/archive/differences-between-the-consumer-price-index-and-the-personal-consumption-expenditures-price-index.pdf)

Core PCE Price Index Annual Change in the United States increased to 2.70 percent in May from 2.60 percent in April of 2025. This dataset includes a chart with historical data for the United States Core Pce Price Index Annual Change.

In September 2024, the core personal consumption expenditure (PCE) price index of the United States came to 123.22. The core PCE shows the prices paid by consumers for goods and services excluding food and energy, which experience high volatility. This enables an improved measure of inflation. A value above 100 indicates consumer spending is rising above the base year (2017) expenditures, while an index value below 100 shows a decline in spending.

Graph and download economic data for Personal Consumption Expenditures: Chain-type Price Index (PCEPI) from Jan 1959 to May 2025 about chained, headline figure, PCE, consumption expenditures, consumption, personal, inflation, price index, indexes, price, and USA.

PCE Price Index in the United States increased to 126.11 points in May from 125.94 points in April of 2025. This dataset provides the latest reported value for - United States Personal Consumption Expenditure Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Personal Consumption Expenditures Excluding Food and Energy (Chain-Type Price Index) (PCEPILFE) from Jan 1959 to May 2025 about chained, core, energy, headline figure, PCE, consumption expenditures, consumption, personal, inflation, price index, indexes, price, and USA.

United States FOMC Projection: PCE Inflation: Range: Y3: Upper End data was reported at 2.400 % in Dec 2024. This records an increase from the previous number of 2.100 % for Sep 2024. United States FOMC Projection: PCE Inflation: Range: Y3: Upper End data is updated quarterly, averaging 2.200 % from Sep 2015 (Median) to Dec 2024, with 20 observations. The data reached an all-time high of 3.000 % in Dec 2022 and a record low of 2.100 % in Sep 2024. United States FOMC Projection: PCE Inflation: Range: Y3: Upper End data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.I: PCE Price Index: Projection: Federal Reserve Board.

Core PCE Price Index in the United States increased to 125.51 points in May from 125.29 points in April of 2025. This dataset provides - United States Core Pce Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Personal consumption expenditures: Energy goods and services (chain-type price index) (DNRGRG3M086SBEA) from Jan 1959 to May 2025 about chained, energy, PCE, consumption expenditures, consumption, personal, goods, services, price index, indexes, price, and USA.

Graph and download economic data for Personal consumption expenditures: Services: Health care (chain-type price index) (DHLCRG3Q086SBEA) from Q1 1947 to Q1 2025 about chained, health, PCE, consumption expenditures, consumption, personal, services, GDP, price index, indexes, price, and USA.

Core PCE Price Index MoM in the United States increased to 0.20 percent in May from 0.10 percent in April of 2025. This dataset includes a chart with historical data for the United States Core Pce Price Index MoM.

View data of PCE, an index that measures monthly changes in the price of consumer goods and services as a means of analyzing inflation.

United States PCE: PI: saar: Consumer Price Index (CPI): saar: QoQ% data was reported at 3.800 % in Mar 2025. This records an increase from the previous number of 3.000 % for Dec 2024. United States PCE: PI: saar: Consumer Price Index (CPI): saar: QoQ% data is updated quarterly, averaging 2.800 % from Mar 2002 (Median) to Mar 2025, with 93 observations. The data reached an all-time high of 9.900 % in Jun 2022 and a record low of -8.900 % in Dec 2008. United States PCE: PI: saar: Consumer Price Index (CPI): saar: QoQ% data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.I048: PCE Price Index and CPI Reconciliation: NIPA 2023: Quarterly.

The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

United States PCE: PI: Consumer Price Index (CPI): QoQ% data was reported at 3.500 % in Mar 2018. This records an increase from the previous number of 3.300 % for Dec 2017. United States PCE: PI: Consumer Price Index (CPI): QoQ% data is updated quarterly, averaging 2.500 % from Mar 2002 (Median) to Mar 2018, with 65 observations. The data reached an all-time high of 6.300 % in Sep 2008 and a record low of -8.900 % in Dec 2008. United States PCE: PI: Consumer Price Index (CPI): QoQ% data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.A187: NIPA 2013: PCE Price Index and CPI Reconciliation: Quarterly.

PCE Price Index Monthly Change in the United States remained unchanged at 0.10 percent in May. This dataset includes a chart with historical data for the United States PCE Price Index Monthly Change.

PCE Prices QoQ in the United States increased to 3.70 percent in the first quarter of 2025 from 2.40 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States PCE Prices QoQ.

Core Inflation Index data was reported at 1.290 Index, 2017 in Dec 2026. This records an increase from the previous number of 1.284 Index, 2017 for Sep 2026. Core Inflation Index data is updated quarterly, averaging 0.662 Index, 2017 from Mar 1960 (Median) to Dec 2026, with 268 observations. The data reached an all-time high of 1.290 Index, 2017 in Dec 2026 and a record low of 0.158 Index, 2017 in Mar 1960. Core Inflation Index data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Quarterly. PCORE - Core inflation indexOECD group, all items non-food non-energy. See exceptions at the country serie metadataIndex, national reference year; Price index for Personal consumption expenditure less food less energy

United States CBO Projection: PCEPI: Excl Food & Energy: Annual data was reported at 137.260 2012=100 in 2029. This records an increase from the previous number of 134.596 2012=100 for 2028. United States CBO Projection: PCEPI: Excl Food & Energy: Annual data is updated yearly, averaging 123.256 2012=100 from Dec 2018 (Median) to 2029, with 12 observations. The data reached an all-time high of 137.260 2012=100 in 2029 and a record low of 110.001 2012=100 in 2018. United States CBO Projection: PCEPI: Excl Food & Energy: Annual data remains active status in CEIC and is reported by Congressional Budget Office. The data is categorized under Global Database’s United States – Table US.I022: PCE Price Index: Projection: Congressional Budget Office.