The personal consumption expenditure price index in the United States rose 0.3 percent month-over-month in August of 2020, following an upwardly revised 0.4 percent gain in July. It was the fourth consecutive gain in PCE prices. Excluding food and energy, PCE prices went up 0.3 percent, in line with market expectations. Year-on-year, the PCE price index advanced 1.4 percent and the core index increased 1.6 percent.
Pce Price Index in the United States averaged 59.33 points from 1959 until 2020, reaching an all time high of 111.64 points in August of 2020 and a record low of 16.07 points in January of 1959. This page provides the latest reported value for - United States Personal Consumption Expenditure Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Consumption Expenditure Price Index - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Pce Price Index in the United States is expected to be 112.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Pce Price Index in the United States to stand at 113.90 in 12 months time. In the long-term, the United States Personal Consumption Expenditure Price Index is projected to trend around 114.00 points in 2021 and 116.00 points in 2022, according to our econometric models.