The PCE price index measured by the BEA rose 2.8% from the previous year in January of 2026, easing slightly from the near two-year high of 2.9% in the previous month and in line with market expectations. It marked five years that the gauge was above the Federal Reserve's target of 2%. source: U.S. Bureau of Economic Analysis

PCE Price Index Annual Change in the United States decreased to 2.80 percent in January from 2.90 percent in December of 2025. PCE Price Index Annual Change in the United States averaged 3.28 percent from 1960 until 2026, reaching an all time high of 11.60 percent in March of 1980 and a record low of -1.47 percent in July of 2009. This page includes a chart with historical data for the United States PCE Price Index Annual Change. United States PCE Price Index Annual Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

PCE Price Index Annual Change in the United States decreased to 2.80 percent in January from 2.90 percent in December of 2025. PCE Price Index Annual Change in the United States is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States PCE Price Index Annual Change is projected to trend around 2.10 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-20 01:30 PM
PCE Price Index YoY
Dec 2.9% 2.8% 2.8% 2.8%
2026-03-13 12:30 PM
PCE Price Index YoY
Jan 2.8% 2.9% 2.9% 2.8%
2026-04-09 12:30 PM
PCE Price Index YoY
Feb 2.8%


Related Last Previous Unit Reference
Core PCE Price Index 128.39 127.93 points Jan 2026
Core PCE Price Index YoY 3.10 3.00 percent Jan 2026
Core PCE Price Index MoM 0.40 0.40 percent Jan 2026
Core PCE Prices QoQ 2.70 2.90 percent Dec 2025
GDP Price Index 130.65 129.43 points Dec 2025
PCE Price Index 128.97 128.62 points Jan 2026
PCE Price Index YoY 2.80 2.90 percent Jan 2026
PCE Price Index MoM 0.30 0.40 percent Jan 2026
PCE Prices QoQ 2.90 2.80 percent Dec 2025
Real Personal Spending MoM 0.10 0.10 percent Jan 2026


United States PCE Price Index Annual Change
In the United States, the Personal Consumption Expenditure Price Index provides a measure of the prices paid for domestic purchases of goods and services. While the Consumer Price Index assumes a fixed basket of goods and uses expenditure weights that do not change over time for several years, the Personal Consumption Expenditure Price Index uses a chain index and resorts on expenditure data from the current period and the preceding period (known as Fisher Price Index).
Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.90 11.60 -1.47 1960 - 2026 percent Monthly
2017=100, SA