The personal consumption expenditure (PCE) price index in the United States increased 0.1 percent month-over-month in November of 2018, following a 0.2 percent rise in the previous month while markets were expecting no growth. Cost of goods fell by 0.3 percent, compared with a 0.2 percent increase in October, as nondurables declined 0.5 percent (vs 0.3 percent in October) and durable goods edged up 0.1 percent, the same as in the prior month. Meanwhile, prices of services went up 0.2 percent, the same pace as in the previous five months. Excluding food and energy, PCE prices were up 0.1 percent, the same as in the previous month and in line with market expectations. Year-on-year, the PCE price index advanced 1.8 percent, following a 2 percent gain in the prior month, and the core index rose 1.9 percent, above a 1.8 percent gain in October. Pce Price Index in the United States averaged 57.85 Index Points from 1959 until 2018, reaching an all time high of 108.87 Index Points in November of 2018 and a record low of 16.07 Index Points in January of 1959.