The personal consumption expenditure price index in the United States increased 0.6% month-over-month in May of 2022, higher than 0.2% in April. The annual rate however, was unchanged at 6.3% after touching a record high of 6.6% in March. Energy prices increased 35.8% (vs 30.4% in April) while food inflation quickened again to 11% from 10%. Excluding food and energy, PCE inflation eased to 4.7% from 4.9%, below forecasts of 4.8%. source: U.S. Bureau of Economic Analysis
Pce Price Index in the United States averaged 60.86 points from 1959 until 2022, reaching an all time high of 122.05 points in May of 2022 and a record low of 16.04 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 July of 2022.
Pce Price Index in the United States is expected to be 124.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Personal Consumption Expenditure Price Index is projected to trend around 135.00 points in 2023 and 130.00 points in 2024, according to our econometric models.