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

Macro

2026-09-30

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

AI Data Insight

The US core PCE annual growth rate for August 2026 fell sharply from the previous value of 3.3% to 3.0%, breaking below the market consensus expectation of 3.3%. Although service sector prices remain sticky, the better-than-expected decline in inflation has significantly reduced the probability of a short-term rate hike. Moving forward, continued attention must be paid to whether robust real consumer spending will cause inflation to bottom out and stagnate near 3%.

AI Data Insight

The US core PCE annual growth rate for August 2026 fell sharply from the previous value of 3.3% to 3.0%, breaking below the market consensus expectation of 3.3%. Although service sector prices remain sticky, the better-than-expected decline in inflation has significantly reduced the probability of a short-term rate hike. Moving forward, continued attention must be paid to whether robust real consumer spending will cause inflation to bottom out and stagnate near 3%.

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