We explain how measures of consumer prices are computed and what the differences are between the consumer price index (CPI) and the personal consumption expenditures (PCE) price index. We also explain various measures used to gauge underlying inflation, or the long-term trend in prices, such as median and trimmed-mean inflation rates and core inflation.

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.

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.

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.

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 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.

Graph and download economic data for FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Central Tendency, Midpoint (JCXFECTM) from 2025 to 2027 about core, projection, PCE, consumption expenditures, consumption, personal, inflation, rate, and USA.

Inflation Nowcasting Quarterly is a part of the Inflation Nowcasting indicator of the Federal Reserve Bank of Cleveland.

Core consumer prices in the United States increased 2.90 percent in June of 2025 over the same month in the previous year. This dataset provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Median Consumer Price Index (CPI) is a measure of core inflation calculated the Federal Reserve Bank of Cleveland and the Ohio State University. Median CPI was created as a different way to get a 'Core CPI' measure, or a better measure of underlying inflation trends. To calculate the Median CPI, the Cleveland Fed analyzes the median price change of the goods and services published by the BLS. The median price change is the price change that's right in the middle of the long list of all of the price changes. This series excludes 49.5% of the CPI components with the highest and lowest one-month price changes from each tail of the price-change distribution resulting in a Median CPI Inflation Estimate.

According to research from the Cleveland Fed, the Median CPI provides a better signal of the inflation trend than either the all-items CPI or the CPI excluding food and energy. According to newer research done at the Cleveland Fed, the Median CPI is even better at PCE inflation in the near and longer term than the core PCE.

For further information, visit The Federal Reserve Bank of Cleveland (https://www.clevelandfed.org/indicators-and-data/median-cpi#background).

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.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Low (PCECTPICTLLR) from 2009-02-18 to 2025-06-18 about projection, PCE, consumption expenditures, consumption, personal, inflation, rate, and USA.

Inflation Rate in Japan decreased to 3.30 percent in June from 3.50 percent in May of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Median Consumer Price Index is a part of the Median CPI indicator of the Federal Reserve Bank of Cleveland.

Core consumer prices In the Euro Area increased 2.30 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in Canada increased to 1.90 percent in June from 1.70 percent in May of 2025. This dataset provides - Canada Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

We report average expected inflation rates over the next one through 30 years. Our estimates of expected inflation rates are calculated using a Federal Reserve Bank of Cleveland model that combines financial data and survey-based measures. Released monthly.

As of May 2025, Japan's core-core Consumer Price Index (CPI) of all items, excluding fresh food and energy, stood at *** index points. During the measured period, the lowest price level was recorded in January 2022, with a core-core CPI of **.

Graph and download economic data for Sticky Price Consumer Price Index less Food, Energy, and Shelter (CRESTKCPIXSLTRM679SFRBATL) from Apr 1967 to Jun 2025 about shelter, core, CPI, inflation, rate, price index, indexes, price, and USA.