United States Core Pce Price Index

Last Release

Feb 29, 2024

Actual

121.17

Units In

Points

120.85

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
128.58 Jul 2023	16.73 Jan 1959	63.89 Points	1959-2024	U.S. Bureau of Economic Analysis

In the United States, the Core Personal Consumption Expenditure Price Index provides a measure of the prices paid by people for domestic purchases of goods and services, excluding the prices of food and energy. The core PCE is the Fed's preferred inflation measure. The central bank has a 2 percent target.

Latest Updates

Core PCE prices in the US, which exclude food and energy, went up by 0.2% month-over-month in November of 2022, following an upwardly revised 0.3% increase in the prior month, matching market estimates. The annual rate, the Federal Reserve’s preferred gauge of inflation, fell to a four-month low of 4.7% from 5% in the prior month.