Personal Consumption Expenditures - Price Index (YoY)

Price changes may cause consumers to switch from buying one good to another and the PCE Deflator has the ability to account for such substitutions. This makes it the preferred measure of inflation for the Federal Reserve and it's released by the Commerce Department.

Most recent - Friday 30 August 2024 12:30

Previous
2.5%
Revised
-
Forecast
2.6%
Actual
2.5%

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Friday 27 September 2024 12:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Personal Consumption Expenditures - Price Index (YoY) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Personal Consumption Expenditures - Price Index (YoY) was 2.5% against a forecast of 2.6%.

Past events

Date
Forecast
Actual
Friday 30 August 2024 12:30
2.6%
2.5%
Friday 26 July 2024 12:30
2.5%
2.5%
Friday 28 June 2024 12:30
2.6%
2.6%
Friday 31 May 2024 12:30
2.7%
2.7%
Friday 26 April 2024 12:30
2.6%
2.7%
Friday 29 March 2024 12:30
2.5%
2.5%
Thursday 29 February 2024 13:30
2.4%
2.4%
Friday 26 January 2024 13:30
2.6%
2.6%
Friday 22 December 2023 13:30
2.8%
2.6%
Thursday 30 November 2023 13:30
3%
3%
Friday 27 October 2023 12:30
3.4%
3.4%
Friday 29 September 2023 12:30
3.5%
3.5%
Thursday 31 August 2023 12:30
3.3%
3.3%
Friday 28 July 2023 12:30
3.1%
3%
Friday 30 June 2023 12:30
4.6%
3.8%
Friday 26 May 2023 12:30
3.9%
4.4%
Friday 28 April 2023 12:30
4.6%
4.2%
Friday 31 March 2023 12:30
5.3%
5%
Friday 24 February 2023 13:30
4.9%
5.4%
Friday 27 January 2023 13:30
-
5%
Friday 23 December 2022 13:30
5.3%
5.5%
Thursday 1 December 2022 13:30
6.2%
6%
Friday 28 October 2022 12:30
5.8%
6.2%
Friday 30 September 2022 12:30
6.6%
6.2%
Friday 26 August 2022 12:30
7.4%
6.3%
Friday 29 July 2022 12:30
6.7%
6.8%
Thursday 30 June 2022 12:30
-
6.3%
Friday 27 May 2022 12:30
6.6%
6.3%
Friday 29 April 2022 12:30
6.5%
6.6%
Thursday 31 March 2022 12:30
6.7%
6.4%
Friday 25 February 2022 13:30
5.5%
6.1%
Friday 28 January 2022 13:30
6.1%
5.8%
Thursday 23 December 2021 13:30
5.6%
5.7%
Wednesday 24 November 2021 15:00
4.6%
5%
Friday 29 October 2021 12:30
4.7%
4.4%
Friday 1 October 2021 12:30
3.9%
4.3%

Economic context

Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next Personal Consumption Expenditures - Price Index (YoY) result:

PreviousLatest
Average Hourly Earnings (MoM)Bullish change0.2%0.4%
Average Hourly Earnings (YoY)Bullish change3.6%3.8%
Labor Force Participation Rate(no change)62.7%62.7%
Nonfarm PayrollsBullish change89K142K
U6 Underemployment RateBearish change7.8%7.9%
Unemployment RateBullish change4.3%4.2%
ISM Services Employment IndexBearish change51.150.2
ISM Services New Orders IndexBullish change52.453
ISM Services PMIBullish change51.451.5
ISM Services Prices PaidBullish change5757.3
S&P Global Composite PMIBullish change54.154.6
Initial Jobless ClaimsBullish change232K227K
Nonfarm ProductivityBullish change2.3%2.5%
Unit Labor CostsBearish change0.9%0.4%
ADP Employment ChangeBearish change111K99K
Challenger Job CutsBullish change25.885K75.891K
Factory Orders (MoM)Bullish change-3.3%5%
JOLTS Job OpeningsBearish change7.91M7.673M
ISM Manufacturing Employment IndexBullish change43.446
ISM Manufacturing New Orders IndexBearish change47.444.6
ISM Manufacturing PMIBullish change46.847.2
ISM Manufacturing Prices PaidBullish change52.954
Michigan Consumer Sentiment IndexBullish change67.867.9
UoM 5-year Consumer Inflation Expectation(no change)3%3%
Chicago Purchasing Managers' IndexBullish change45.346.1
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.6%2.6%
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.1%0.2%
Personal Income (MoM)Bullish change0.2%0.3%
Personal SpendingBullish change0.3%0.5%
Pending Home Sales (MoM)Bearish change4.8%-5.5%
Core Personal Consumption Expenditures (QoQ)Bearish change2.9%2.8%
Gross Domestic Product AnnualizedBullish change2.8%3%
Gross Domestic Product Price IndexBullish change2.3%2.5%
Initial Jobless ClaimsBullish change233K231K
Personal Consumption Expenditures Prices (QoQ)Bearish change2.6%2.5%
Housing Price Index (MoM)Bearish change0%-0.1%
Durable Goods OrdersBullish change-6.9%9.9%
Durable Goods Orders ex DefenseBullish change-7.5%10.4%
Durable Goods Orders ex TransportationBearish change0.1%-0.2%
Nondefense Capital Goods Orders ex AircraftBearish change0.5%-0.1%

About Personal Consumption Expenditures - Price Index (YoY)

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Inflation
Frequency:Monthly

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