Annual core PCE inflation in the US unexpectedly steadied at 2.8% in November 2024, the same as in October while forecasts were pointing to a rise to 2.9%. Core PCE Price Index Annual Change in the United States averaged 3.24 percent from 1960 until 2024, reaching an all time high of 10.22 percent in February of 1975 and a record low of 0.63 percent in July of 2009. source: U.S. Bureau of Economic Analysis

Core PCE Price Index Annual Change in the United States remained unchanged at 2.80 percent in November.

Core PCE Price Index Annual Change in the United States remained unchanged at 2.80 percent in November. Core PCE Price Index Annual Change in the United States is expected to be 2.58 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core PCE Price Index Annual Change is projected to trend around 2.50 percent in 2025 and 2.00 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-27 03:00 PM
Core PCE Price Index YoY
Oct 2.8% 2.7% 2.8% 2.7%
2024-12-20 01:30 PM
Core PCE Price Index YoY
Nov 2.8% 2.8% 2.9% 2.9%
2025-01-31 01:30 PM
Core PCE Price Index YoY
Dec 2.8% 2.8%


Related Last Previous Unit Reference
Core PCE Price Index 123.70 123.56 points Nov 2024
Core PCE Price Index YoY 2.80 2.80 percent Nov 2024
Core PCE Price Index MoM 0.10 0.30 percent Nov 2024
Core PCE Prices QoQ 2.20 2.80 percent Sep 2024
GDP Price Index 125.51 124.94 points Sep 2024
PCE Price Index 124.38 124.22 points Nov 2024
PCE Price Index YoY 2.40 2.30 percent Nov 2024
PCE Price Index MoM 0.10 0.20 percent Nov 2024
PCE Prices QoQ 1.50 2.50 percent Sep 2024

United States Core PCE Price Index Annual Change
In the United States, the Core Personal Consumption Expenditure Price Index provides a measure of the prices paid by people for domestic purchases of goods and services, excluding the prices of food and energy. The core PCE is the Fed's preferred inflation measure. The central bank has a 2 percent target.
Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.80 10.22 0.63 1960 - 2024 percent Monthly
2017=100, SA


News Stream
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The US core PCE price index, the Federal Reserve’s preferred gauge to measure inflation, rose by 2.8% from the previous year in March 2024, the least since March 2021, as in February. Figures came above market forecasts of 2.6%. On a monthly basis, core PCE prices advanced by 0.3% in March, matching February's reading and in line with market estimates.
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