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.