The personal consumption expenditure price index in the United States increased by 5% year-on-year in December of 2022, the least since September of 2021 and below 5.5% in November. Prices for goods were up 4.6.% and prices for services increased 5.2%. Food cost went up 11.2% and energy prices increased 6.9%. Compared to the previous month, the PCE Price Index rose by 0.1%. source: U.S. Bureau of Economic Analysis

PCE Price Index Annual Change in the United States averaged 3.30 percent from 1960 until 2022, 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 February of 2023.

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United States PCE Price Index Annual Change



Calendar GMT Actual Previous Consensus TEForecast
2022-12-23 01:30 PM Nov 5.5% 6.1% 5.5%
2023-01-27 01:30 PM Dec 5% 5.5% 5.1%
2023-02-24 01:30 PM Jan 5%


Related Last Previous Unit Reference
Core PCE Price Index Annual Change 4.40 4.70 percent Dec 2022
Pce Price Index 124.81 124.81 points Dec 2022
Core Pce Price Index 125.50 125.13 points Dec 2022

United States PCE Price Index Annual Change
In the United States, the Personal Consumption Expenditure Price Index provides a measure of the prices paid for domestic purchases of goods and services. While the Consumer Price Index assumes a fixed basket of goods and uses expenditure weights that do not change over time for several years, the Personal Consumption Expenditure Price Index uses a chain index and resorts on expenditure data from the current period and the preceding period (known as Fisher Price Index).
Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.50 11.59 -1.47 1960 - 2022 percent Monthly
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News Stream
US PCE Inflation at 15-Month Low in December
The personal consumption expenditure price index in the United States increased by 5% year-on-year in December of 2022, the least since September of 2021 and below 5.5% in November. Prices for goods were up 4.6.% and prices for services increased 5.2%. Food cost went up 11.2% and energy prices increased 6.9%. Compared to the previous month, the PCE Price Index rose by 0.1%.
2023-01-27
US PCE Inflation Slows in November
The personal consumption expenditure price index in the United States increased by 5.5% year-on-year in November of 2022, the least since October of 2021 and below 6.1% in October. Prices for goods were up 6.% and prices for services increased 5.2%. Food cost went up 11.2% and energy prices increased 13.6% .Compared to the previous month, the PCE Price Index rose by 0.1%, the least in four months and below 0.4% in October.
2022-12-23
US PCE Inflation Lowest in 10-Months
The personal consumption expenditure price index in the United States increased by 6 percent year-on-year in October of 2022, below 6.3% in September. It is the lowest reading so far this year. Prices for goods increased 7.2% and prices for services 5.4%. Excluding food and energy, the PCE price index increased 5%, also below 5.2% in September. Month over month, the index rose by 0.3% in October of 2022, the same as in the previous month and matching market expectations.
2022-12-01