The personal consumption expenditure price index in the United States went up 0.4 percent month-over-month in May of 2021, easing from a 0.6 percent rise in the previous month. Cost of services went up 0.3 percent, easing from a 0.5 percent advance in the previous month, and goods price inflation slowed to 0.7 percent from 0.9 percent. Excluding food and energy, PCE prices climbed 0.5 percent, easing from a 0.7 percent rise and below market expectations of 0.6 percent. Year-on-year, the PCE price index advanced 3.9 percent, and the core index jumped 3.4 percent, the fastest increase since the early 1990s and in line with market forecasts. source: U.S. Bureau of Economic Analysis
Pce Price Index in the United States averaged 59.97 points from 1959 until 2021, reaching an all time high of 114.63 points in May of 2021 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 July of 2021.
Pce Price Index in the United States is expected to be 114.80 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 114.00 in 12 months time. In the long-term, the United States Personal Consumption Expenditure Price Index is projected to trend around 116.00 points in 2022, according to our econometric models.