The core personal consumption expenditures (PCE) price index in the United States, which excludes prices of food and energy, decreased 0.1 percent month-over-month in March of 2020, after a 0.2 percent increase in the previous month and in line with market expectations. Core PCE inflation is the Fed's preferred measure of inflation and the central bank targets it at 2 percent. Year-on-year, the core index went up 1.7 percent, following a 1.8 percent in the previous month and above market forecasts of 1.6 percent.
Core Pce Price Index in the United States averaged 60.29 points from 1959 until 2020, reaching an all time high of 112.93 points in February of 2020 and a record low of 16.73 points in January of 1959. This page provides - United States Core Pce Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Core Personal Consumption Expenditure Price Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: U.S. Bureau of Economic Analysis
Core Pce Price Index in the United States is expected to be 119.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Pce Price Index in the United States to stand at 120.00 in 12 months time. In the long-term, the United States Core Personal Consumption Expenditure Price Index is projected to trend around 120.00 points in 2021, according to our econometric models.