Personal Consumption Expenditures Prices (QoQ)

Personal Consumption Expenditures, released by US Department of Commerce, measures price changes in consumer goods and services. Personal consumption expenditures consist of the actual and imputed expenditures of households; the measure includes data pertaining to durables, non-durables and services. It is essentially a measure of goods and services targeted toward individuals and consumed by individuals.

Most recent - Thursday 28 August 2025 12:30

Previous
2.1%
Revised
-
Forecast
2.1%
Actual
2%

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

Trading range

Forecast history

The most recent announced value for Personal Consumption Expenditures Prices (QoQ) was 2% against a forecast of 2.1%.

Past events

Date
Forecast
Actual
Thursday 28 August 2025 12:30
2.1%
2%
Wednesday 30 July 2025 12:30
-
2.1%
Thursday 26 June 2025 12:30
3.6%
3.7%
Thursday 29 May 2025 12:30
3.6%
3.6%
Wednesday 30 April 2025 12:30
-
3.6%
Thursday 27 March 2025 12:30
2.4%
2.4%
Thursday 27 February 2025 13:30
2.3%
2.4%
Thursday 30 January 2025 13:30
-
2.3%
Thursday 19 December 2024 13:30
1.5%
1.5%
Wednesday 27 November 2024 13:30
1.5%
1.5%
Wednesday 30 October 2024 12:30
-
1.5%
Thursday 26 September 2024 12:30
2.5%
2.5%
Thursday 29 August 2024 12:30
2.6%
2.5%
Thursday 25 July 2024 12:30
-
2.6%
Thursday 27 June 2024 12:30
3.3%
3.4%
Thursday 30 May 2024 12:30
-
3.3%
Thursday 25 April 2024 12:30
-
3.4%
Thursday 28 March 2024 12:30
1.8%
1.8%
Wednesday 28 February 2024 13:30
1.7%
1.8%
Thursday 25 January 2024 13:30
-
1.7%
Thursday 21 December 2023 13:30
2.8%
2.6%
Wednesday 29 November 2023 13:30
2.9%
2.8%
Thursday 26 October 2023 12:30
-
2.9%
Thursday 28 September 2023 12:30
2.5%
2.5%
Wednesday 30 August 2023 12:30
2.6%
2.5%
Thursday 27 July 2023 12:30
-
2.6%
Thursday 29 June 2023 12:30
4.2%
4.1%
Thursday 25 May 2023 12:30
4.2%
4.2%
Thursday 27 April 2023 12:30
0.5%
4.2%
Thursday 30 March 2023 12:30
3.7%
3.7%
Thursday 23 February 2023 13:30
3.2%
3.7%
Thursday 26 January 2023 13:30
4.3%
3.2%
Thursday 22 December 2022 13:30
4.3%
4.3%
Wednesday 30 November 2022 13:30
4.2%
4.3%
Thursday 27 October 2022 12:30
7.9%
4.2%
Thursday 29 September 2022 12:30
7.1%
7.3%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Personal Consumption Expenditures Prices (QoQ) result:

PreviousLatest
Michigan Consumer Expectations IndexBearish change57.255.9
Michigan Consumer Sentiment IndexBearish change58.658.2
UoM 1-year Consumer Inflation ExpectationsBearish change4.9%4.8%
UoM 5-year Consumer Inflation ExpectationBearish change3.9%3.5%
Chicago PMIBearish change47.141.5
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.8%2.9%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.2%
Personal Consumption Expenditures - Price Index (YoY)(no change)2.6%2.6%
Personal Income (MoM)Bullish change0.3%0.4%
Personal SpendingBullish change0.3%0.5%
Pending Home Sales (MoM)Bullish change-0.8%-0.4%
Core Personal Consumption Expenditures (QoQ)(no change)2.5%2.5%
Gross Domestic Product AnnualizedBullish change3%3.3%
Gross Domestic Product Price Index(no change)2%2%
Initial Jobless ClaimsBullish change234K229K
Housing Price Index (MoM)Bearish change-0.1%-0.2%
Durable Goods OrdersBullish change-9.3%-2.8%
Durable Goods Orders ex DefenseBullish change-9.5%-2.5%
Durable Goods Orders ex TransportationBullish change0.3%1.1%
Nondefense Capital Goods Orders ex AircraftBullish change-0.7%1.1%
New Home Sales Change (MoM)Bearish change4.1%-0.6%
Existing Home Sales Change (MoM)Bullish change-2.7%2%
S&P Global Composite PMIBullish change55.155.4
S&P Global Manufacturing PMIBullish change49.853.3
S&P Global Services PMIBearish change55.755.4
Initial Jobless ClaimsBearish change224K235K
Philadelphia Fed Manufacturing SurveyBearish change15.9-0.3
Building Permits (MoM)Bearish change1.393M1.354M
Housing Starts (MoM)Bullish change1.321M1.428M

About Personal Consumption Expenditures Prices (QoQ)

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Consumption
Frequency:Quarterly
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