Core Personal Consumption Expenditures - Price Index (YoY)

After publishing the GDP report, the US Bureau of Economic Analysis releases the Personal Consumption Expenditures (PCE) Price Index data alongside the monthly changes in Personal Spending and Personal Income. FOMC policymakers use the annual Core PCE Price Index, which excludes volatile food and energy prices, as their primary gauge of inflation. A stronger-than-expected reading could help the USD outperform its rivals as it would hint at a possible hawkish shift in the Fed’s forward guidance and vice versa.

Most recent - Wednesday 27 November 2024 15:00

Previous
2.7%
Revised
-
Forecast
2.8%
Actual
2.8%

Next event - Friday 20 December 2024 13:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is high.

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

Trading range

Forecast history

The most recent announced value for Core Personal Consumption Expenditures - Price Index (YoY) was 2.8% against a forecast of 2.8%.

Past events

Date
Forecast
Actual
Wednesday 27 November 2024 15:00
2.8%
2.8%
Thursday 31 October 2024 12:30
2.6%
2.7%
Friday 27 September 2024 12:30
2.7%
2.7%
Friday 30 August 2024 12:30
2.7%
2.6%
Friday 26 July 2024 12:30
2.5%
2.6%
Friday 28 June 2024 12:30
2.6%
2.6%
Friday 31 May 2024 12:30
2.8%
2.8%
Friday 26 April 2024 12:30
2.6%
2.8%
Friday 29 March 2024 12:30
2.8%
2.8%
Thursday 29 February 2024 13:30
2.8%
2.8%
Friday 26 January 2024 13:30
3%
2.9%
Friday 22 December 2023 13:30
3.3%
3.2%
Thursday 30 November 2023 13:30
3.5%
3.5%
Friday 27 October 2023 12:30
3.7%
3.7%
Friday 29 September 2023 12:30
3.9%
3.9%
Thursday 31 August 2023 12:30
4.2%
4.2%
Friday 28 July 2023 12:30
4.2%
4.1%
Friday 30 June 2023 12:30
4.7%
4.6%
Friday 26 May 2023 12:30
4.6%
4.7%
Friday 28 April 2023 12:30
4.5%
4.6%
Friday 31 March 2023 12:30
4.7%
4.6%
Friday 24 February 2023 13:30
4.3%
4.7%
Friday 27 January 2023 13:30
-
4.4%
Friday 23 December 2022 13:30
4.7%
4.7%
Thursday 1 December 2022 13:30
5%
5%
Friday 28 October 2022 12:30
5.2%
5.1%
Friday 30 September 2022 12:30
4.7%
4.9%
Friday 26 August 2022 12:30
4.7%
4.6%
Friday 29 July 2022 12:30
4.7%
4.8%
Thursday 30 June 2022 12:30
4.7%
4.7%
Friday 27 May 2022 12:30
4.9%
4.9%
Friday 29 April 2022 12:30
5.3%
5.2%
Thursday 31 March 2022 12:30
5.5%
5.4%
Friday 25 February 2022 13:30
5.1%
5.2%
Friday 28 January 2022 13:30
4.8%
4.9%
Thursday 23 December 2021 13:30
4.5%
4.7%

Economic context

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

PreviousLatest
JOLTS Job OpeningsBullish change7.372M7.744M
ISM Manufacturing Employment IndexBullish change44.448.1
ISM Manufacturing New Orders IndexBullish change47.150.4
ISM Manufacturing PMIBullish change46.548.4
ISM Manufacturing Prices PaidBearish change54.850.3
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.1%2.3%
Personal Income (MoM)Bullish change0.3%0.6%
Personal SpendingBearish change0.6%0.4%
Pending Home Sales (MoM)Bearish change7.5%2%
Chicago Purchasing Managers' IndexBearish change41.640.2
Core Personal Consumption Expenditures (QoQ)Bearish change2.2%2.1%
Durable Goods OrdersBullish change-0.4%0.2%
Durable Goods Orders ex DefenseBullish change-0.9%0.4%
Durable Goods Orders ex TransportationBearish change0.4%0.1%
Gross Domestic Product Annualized(no change)2.8%2.8%
Gross Domestic Product Price IndexBullish change1.8%1.9%
Nondefense Capital Goods Orders ex AircraftBearish change0.3%-0.2%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Initial Jobless ClaimsBullish change215K213K
New Home Sales Change (MoM)Bearish change7%-17.3%
Housing Price Index (MoM)Bullish change0.4%0.7%
Michigan Consumer Sentiment IndexBearish change7371.8
UoM 5-year Consumer Inflation ExpectationBullish change3.1%3.2%
S&P Global Composite PMIBullish change54.155.3
S&P Global Manufacturing PMIBullish change48.548.8
S&P Global Services PMIBullish change5557
Existing Home Sales Change (MoM)Bullish change-1.3%3.4%
Initial Jobless ClaimsBullish change219K213K
Philadelphia Fed Manufacturing SurveyBearish change10.3-5.5

About Core 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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