United States: PCE Price Index (YoY) - Core Items(SA)

Macro

2026-03-13

Description

The Core Personal Consumption Expenditures (Core PCE) Price Index in the United States is calculated and published by the Bureau of Economic Analysis (BEA). This indicator measures the year-over-year changes in consumer spending on goods and services, excluding food and energy, and is a key inflation indicator closely monitored by the Federal Reserve compared to the CPI. A higher core PCE annual growth rate indicates increased consumer spending and rising inflation pressure; conversely, a lower rate suggests reduced spending and decreasing inflation pressure.

The PCE data is typically released monthly, providing information on the previous month's consumer spending changes.

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Monthly
Next Update
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AI Data Insight

In January 2026 (Q1 2026), the US Core PCE YoY growth rate climbed to 3.1%, up from the previous value of 3.0% and in line with market expectations, indicating that inflation rebound pressure persists. Supported by strong service sector inflation, the Federal Reserve is likely to keep interest rates unchanged in the short term, and the market expects the timeline for rate cuts to be further delayed.

AI Data Insight

In January 2026 (Q1 2026), the US Core PCE YoY growth rate climbed to 3.1%, up from the previous value of 3.0% and in line with market expectations, indicating that inflation rebound pressure persists. Supported by strong service sector inflation, the Federal Reserve is likely to keep interest rates unchanged in the short term, and the market expects the timeline for rate cuts to be further delayed.

Description

The Core Personal Consumption Expenditures (Core PCE) Price Index in the United States is calculated and published by the Bureau of Economic Analysis (BEA). This indicator measures the year-over-year changes in consumer spending on goods and services, excluding food and energy, and is a key inflation indicator closely monitored by the Federal Reserve compared to the CPI. A higher core PCE annual growth rate indicates increased consumer spending and rising inflation pressure; conversely, a lower rate suggests reduced spending and decreasing inflation pressure.

The PCE data is typically released monthly, providing information on the previous month's consumer spending changes.

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Monthly
Next Update
Hashtags