The personal consumption expenditure price index in the United States increased 6.3% year-on-year in July of 2022, slowing from 6.8% in June, which was the highest reading since January of 1982. Prices for goods increased 9.5% and prices for services 4.6%. Food cost was up 11.9% and energy jumped 34.4%. Excluding food and energy, PCE inflation accelerated to 4.6% from 4.8%, below forecasts of 4.7%. source: U.S. Bureau of Economic Analysis
PCE Price Index Annual Change in the United States averaged 1.76 percent from 2012 until 2022, reaching an all time high of 6.80 percent in June of 2022 and a record low of -7.10 percent in June of 2013. 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 September of 2022.