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 - Thursday 29 October 2026 12:30

Previous
3%
Revised
-
Forecast
3.1%
Actual
3.1%

Next event - Friday 27 November 2026 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 3.1% against a forecast of 3.1%.

Past events

Date
Forecast
Actual
Thursday 29 October 2026 12:30
3.1%
3.1%
Wednesday 30 September 2026 12:30
3.3%
3%
Wednesday 26 August 2026 12:30
3.3%
3.3%
Thursday 30 July 2026 12:30
3.3%
3.3%
Thursday 25 June 2026 12:30
3.4%
3.4%
Thursday 28 May 2026 12:30
3.3%
3.3%
Thursday 30 April 2026 12:30
3.2%
3.2%
Thursday 9 April 2026 12:30
3%
3%
Friday 13 March 2026 12:30
3.1%
3.1%
Friday 20 February 2026 13:30
2.9%
3%
Thursday 22 January 2026 15:00
2.8%
2.8%
Thursday 22 January 2026 15:00
-
2.7%
Friday 5 December 2025 15:00
2.9%
2.8%
Friday 26 September 2025 12:30
2.9%
2.9%
Friday 29 August 2025 12:30
2.9%
2.9%
Thursday 31 July 2025 12:30
2.7%
2.8%
Friday 27 June 2025 12:30
2.6%
2.7%
Friday 30 May 2025 12:30
2.5%
2.5%
Wednesday 30 April 2025 14:00
2.6%
2.6%
Friday 28 March 2025 12:30
2.7%
2.8%
Friday 28 February 2025 13:30
2.6%
2.6%
Friday 31 January 2025 13:30
2.8%
2.8%
Friday 20 December 2024 13:30
2.9%
2.8%
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%

Economic context

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

PreviousLatest
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures (QoQ)Bearish change3.3%2.5%
Gross Domestic Product AnnualizedBullish change2.2%3.4%
Gross Domestic Product Price IndexBearish change6.1%2.2%
Initial Jobless ClaimsBullish change195K194K
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.3%0.5%
Personal Consumption Expenditures - Price Index (YoY)Bullish change3.4%3.6%
Personal Consumption Expenditures Prices (QoQ)Bearish change5%2.1%
Personal Income (MoM)Bearish change0.3%0.2%
Personal SpendingBearish change0.9%0.5%
Fed Interest Rate Decision(no change)4%4%
New Home Sales Change (MoM)Bearish change5.1%-0.6%
Housing Price Index (MoM)(no change)0.3%0.3%
Durable Goods OrdersBullish change0.1%1.8%
Durable Goods Orders ex DefenseBullish change0.3%2.2%
Durable Goods Orders ex TransportationBullish change0.2%0.5%
Nondefense Capital Goods Orders ex AircraftBearish change1.6%0.5%
ADP Employment Change 4-week averageBearish change17.5K16.8K
Michigan Consumer Expectations IndexBullish change47.348.8
Michigan Consumer Sentiment IndexBullish change46.348
UoM 1-year Consumer Inflation Expectations(no change)4.7%4.7%
UoM 5-year Consumer Inflation Expectation(no change)3.5%3.5%
S&P Global Composite PMIBearish change58.457.6
S&P Global Manufacturing PMIBullish change55.956
S&P Global Services PMIBearish change58.857.9
Initial Jobless ClaimsBullish change200K194K
Pending Home Sales (MoM)Bearish change0.3%-7.3%
Building Permits (MoM)Bearish change1.403M1.4M
Housing Starts (MoM)Bearish change1.288M1.221M
ADP Employment Change 4-week averageBearish change24.75K18.5K
Monthly Budget StatementBullish change$-166.8B$-27B
Industrial Production (MoM)Bullish change0.1%0.7%

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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