Core PCE prices in the US, which exclude food and energy, increased by 0.4% from the previous month in January 2024, the most since February 2023 and in line with market expectations. It follows a downwardly revised 0.1 percent increase in December. Core PCE prices rose by 2.8% from the previous year, the least since March 2021 and slowing from 2.9% in December. source: U.S. Bureau of Economic Analysis

Core PCE Price Index MoM in the United States increased to 0.40 percent in January from 0.10 percent in December of 2023. Core PCE Price Index MoM in the United States averaged 0.26 percent from 1959 until 2024, reaching an all time high of 1.00 percent in May of 1974 and a record low of -0.60 percent in September of 2001. This page includes a chart with historical data for the United States Core Pce Price Index MoM. United States Core PCE Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2024.

Core PCE Price Index MoM in the United States increased to 0.40 percent in January from 0.10 percent in December of 2023. Core PCE Price Index MoM in the United States is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core PCE Price Index MoM is projected to trend around 0.20 percent in 2025, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-01-26 01:30 PM
Core PCE Price Index MoM
Dec 0.2% 0.1% 0.2% 0.2%
2024-02-29 01:30 PM
Core PCE Price Index MoM
Jan 0.4% 0.1% 0.4% 0.3%
2024-03-29 12:30 PM
Core PCE Price Index MoM
Feb 0.4% 0.3% 0.3%


Related Last Previous Unit Reference
Core PCE Price Index 120.81 120.31 points Jan 2024
Core PCE Price Index YoY 2.85 2.94 percent Jan 2024
Core PCE Price Index MoM 0.40 0.10 percent Jan 2024
Core PCE Prices 2.00 2.00 percent Dec 2023
GDP Price Index 123.27 122.76 points Dec 2023
PCE Price Index 121.87 121.45 points Jan 2024
PCE Price Index YoY 2.40 2.62 percent Jan 2024
PCE Price Index MoM 0.30 0.10 percent Jan 2024
PCE Prices 1.80 2.60 percent Dec 2023

United States Core PCE Price Index MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.10 1.00 -0.60 1959 - 2024 percent Monthly
2012=100; SA

News Stream
US Core PCE Prices Accelerate as Expected
Core PCE prices in the US, which exclude food and energy, increased by 0.4% from the previous month in January 2024, the most since February 2023 and in line with market expectations. It follows a downwardly revised 0.1 percent increase in December. Core PCE prices rose by 2.8% from the previous year, the least since March 2021 and slowing from 2.9% in December.
2024-02-29
Core PCE Inflation Cools Further
Core PCE prices in the US, which exclude food and energy, rose by 0.2% from the previous month in December of 2023, aligned with market estimates, and picking up slightly from the 0.1% increase in November. From the previous year, core PCE prices edged 2.9% higher, undershooting market estimates of 3% to mark the lowest reading since February 2021. The data extended the disinflation trend in prices measured by the Federal Reserve’s preferred gauge, consistent with previous signals of rate cuts to be delivered this year. Regarding the whole national PCE that includes energy and food, prices rose by 0.2% from the prior month and 2.6% from the prior year, consistent with expectations. Prices for goods rose by less than 0.1% from 2022, while those for services remained elevated at 3.9%.
2024-01-26
US Core PCE Prices Rise Less than Expected
Core PCE prices in the US, which exclude food and energy, increased by 0.1% from the previous month in November of 2023, below market estimates of 0.2% and holding unchanged from the downwardly revised increase in the previous month. The slowdown in the index, which is the Federal Reserve’s preferred measure of inflation in the US economy, extended the trend of disinflation from other price gauges, strengthening the increasing sentiment that the US central bank is due to cut borrowing costs on multiple occasions next year. Core PCE prices rose by 3.2% from the previous year, below market expectations of 3.3% and slowing from the downwardly revised 3.5% in October.
2023-12-22