The personal consumption expenditure price index in the United States rose 4.4 percent year-on-year in April 2023, accelerating from a 4.2 percent advance in the previous month. Prices for goods increased 2.1 percent, up from 1.6 percent in March, and prices for services increased 5.5 percent, the same as in the prior month. Meanwhile, food inflation eased to 6.9 percent from 8 percent and energy prices decreased 6.3 percent, following a 9.8 percent fall. Excluding food and energy, the PCE price index increased 4.7 percent from one year ago, above market expectations of 4.6 percent. source: U.S. Bureau of Economic Analysis
PCE Price Index Annual Change in the United States averaged 3.31 percent from 1960 until 2023, reaching an all time high of 11.59 percent in March of 1980 and a record low of -1.47 percent in July of 2009. This page includes a chart with historical data for the United States PCE Price Index Annual Change. United States PCE Price Index Annual Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
PCE Price Index Annual Change in the United States is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.