The personal consumption expenditure price index in the United States rose 0.4 percent month-over-month in August of 2021, the same as in the previous month, driven by increases in cost for goods (0.6 percent vs 0.4 percent in July) and services (0.3 percent vs 0.4 percent). Within goods, prices were up for durable (0.9 percent vs 0.2 percent) and non-durable goods (0.4 percent vs 0.6 percent). Excluding food and energy, PCE prices edged up 0.3 percent, the same as in July and slightly above market expectations of 0.2 percent. Year-on-year, the PCE price index advanced 4.3 percent and the core index increased 3.6 percent. source: U.S. Bureau of Economic Analysis
Pce Price Index in the United States averaged 60.16 points from 1959 until 2021, reaching an all time high of 116.31 points in August of 2021 and a record low of 16.04 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 October of 2021.
Pce Price Index in the United States is expected to be 118.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Personal Consumption Expenditure Price Index is projected to trend around 122.00 points in 2022 and 126.00 points in 2023, according to our econometric models.