Core PCE prices in the US, which exclude food and energy, increased by 0.3 percent month-over-month in May of 2022, the same as in the previous month and slightly below market expectations of 0.4 percent. Meanwhile, the annual rate, the Fed’s preferred gauge of inflation, eased to a six-month low of 4.7 percent from 4.9 percent in the prior month, also below market expectations of 4.8 percent, in a sign that price increases could be slowing. source: U.S. Bureau of Economic Analysis
Core Pce Price Index in the United States averaged 62.23 points from 1959 until 2022, reaching an all time high of 122.24 points in May of 2022 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 July of 2022.
Core Pce Price Index in the United States is expected to be 125.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core Personal Consumption Expenditure Price Index is projected to trend around 140.00 points in 2023, according to our econometric models.