The personal consumption expenditure price index in the United States decreased 0.3 percent month-over-month in March of 2020, following a 0.1 percent rise in the previous month. It was the first drop in PCE prices since January of 2019. Goods cost fell 0.9 percent, faster than a 0.1 percent decline in the prior month; and services prices showed no growth, after a 0.2 percent increase. Year-on-year, the PCE price index rose 1.3 percent, easing from a 1.8 percent gain in February.
Pce Price Index in the United States averaged 58.97 points from 1959 until 2020, reaching an all time high of 110.78 points in February of 2020 and a record low of 16.07 points in January of 1959. This page provides the latest reported value for - United States Personal Consumption Expenditure Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Consumption Expenditure Price Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020.
Pce Price Index in the United States is expected to be 114.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Pce Price Index in the United States to stand at 121.00 in 12 months time. In the long-term, the United States Personal Consumption Expenditure Price Index is projected to trend around 121.00 points in 2021, according to our econometric models.