US Core PCE Price Index m/m
It's the Federal Reserve's primary inflation measure. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
Differs from Core CPI in that it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. CPI is released about 10 days earlier and tends to garner most of the attention;
- US Core PCE Price Index m/m Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jan 31, 2025 | 0.2% | 0.2% | 0.1% |
Dec 20, 2024 | 0.1% | 0.2% | 0.3% |
Nov 27, 2024 | 0.3% | 0.3% | 0.3% |
Oct 31, 2024 | 0.3% | 0.3% | 0.2% |
Sep 27, 2024 | 0.1% | 0.2% | 0.2% |
Aug 30, 2024 | 0.2% | 0.2% | 0.2% |
Jul 26, 2024 | 0.2% | 0.2% | 0.1% |
Jun 28, 2024 | 0.1% | 0.1% | 0.3% |
-
- US Core PCE Price Index m/m News
- From think.ing.com|Jan 31, 2025|2 comments
Today’s US data suggests that inflation remains on the path towards 2%, but with huge uncertainty over regulatory, tariff, fiscal and immigration policy the central bank can’t leave anything to chance and will be keeping monetary policy unchanged until June, we believe. The Federal Reserve's favoured inflation measure – the core personal consumer expenditure price deflator – rose 0.2%MoM/2.8%YoY in December as consensus predicted, but the good news is that to 3 decimal places it is 0.159% so below the 0.17% month-on-month we need to ...
- From bea.gov|Jan 31, 2025|1 comment
Personal income increased $92.0 billion (0.4 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $79.7 billion (0.4 percent) and personal consumption expenditures (PCE) increased $133.6 billion (0.7 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $129.5 billion in December. Personal saving was $843.2 billion in ...
- From scotiabank.com|Jan 25, 2025
Welcome to tariff week. Or maybe it’s global central bank week. Or growth and inflation week. Or how about earnings week. If you think January has been exhausting—and I have some sympathy for that—then it’s not going to release its grip on you just yet as the final week of the month is jam-packed with expected developments. Developments that may fan enormous market volatility. Eight central banks will weigh in with their first decisions of the new year this week including the Federal Reserve, the ECB, the Bank of Canada, and several ...
- From bea.gov|Dec 20, 2024|1 comment
Personal income increased $71.1 billion (0.3 percent at a monthly rate) in November, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $61.1 billion (0.3 percent) and personal consumption expenditures (PCE) increased $81.3 billion (0.4 percent). The PCE price index increased 0.1 percent. Excluding food and energy, the PCE price index increased 0.1 percent (table 5). Real DPI increased 0.2 percent in ...
- From cnn.com|Nov 27, 2024|1 comment
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump promises massive tariffs that could push the cost of living even higher. The Personal Consumption Expenditures price index rose 2.3% in October from the year before, accelerating from the 2.1% pace notched in September, according to Commerce Department data released Wednesday. On a monthly basis, prices rose 0.2%, matching the gain seen in September. Inflation within the services sector drove much of the monthly ...
- From economics.bmo.com|Nov 27, 2024
U.S. PCE inflation heated up a touch in October, in-line with our forecasts and the consensus. PCE inflation increased 0.238% in October up from 0.180% in September with the year-on-year inflation rate increasing to 2.3% from 2.1% in the prior month. Core PCE inflation, the Federal Reserve’s preferred measure of consumer inflation, increased 0.273% at the three-digit level up from 0.261% in September with the year-on-year inflation rate inching up to 2.8% from 2.7% in September and 2.6% in June (the low for the year). No surprises on ...
- From bea.gov|Nov 27, 2024
Personal income increased $147.4 billion (0.6 percent at a monthly rate) in October, according to estimates released today by the U.S. Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $144.1 billion (0.7 percent) and personal consumption expenditures (PCE) increased $72.3 billion (0.4 percent). The PCE price index increased 0.2 percent in October (table 5). Excluding food and energy, the PCE price index increased 0.3 percent. Real DPI increased 0.4 ...
- From fxstreet.com|Nov 27, 2024|1 comment
The United States Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for October on Wednesday at 15:00 GMT. This index is the Federal Reserve’s preferred measure of inflation. Although PCE inflation data is usually seen as a big market-mover, this time it might be difficult to assess its impact on the US Dollar’s (USD) valuation. With the US entering the Thanksgiving holiday on Thursday, other macroeconomic data –such as the weekly Initial Jobless Claims, October Durable ...
Released on Jan 31, 2025 |
---|
Released on Dec 20, 2024 |
---|
Released on Nov 27, 2024 |
---|
- Details