Core PCE prices in the US which exclude food and energy rose 0.3 percent month-over-month in July of 2020, following an upwardly revised 0.3 percent gain in June and below market expectations of a 0.5 percent rise. Year-on-year, core PCE inflation went up to 1.3 percent from 1.1 percent.
Core Pce Price Index in the United States averaged 60.58 points from 1959 until 2020, reaching an all time high of 113.46 points in July of 2020 and a record low of 16.73 points in January of 1959. This page provides - United States Core Pce Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Core Personal Consumption Expenditure Price Index - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: U.S. Bureau of Economic Analysis
Core Pce Price Index in the United States is expected to be 114.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Pce Price Index in the United States to stand at 115.30 in 12 months time. In the long-term, the United States Core Personal Consumption Expenditure Price Index is projected to trend around 116.50 points in 2021 and 119.00 points in 2022, according to our econometric models.