Core Personal Consumption Expenditures (QoQ)

The Real Personal Consumption Expenditure released by the Bureau of Economic Analysis, Department of Commerce is an average of the amount of money the consumers spend in a month on durable goods, consumer products, and services.. It is considered as an important indicator of inflation. Generally speaking, a high reading is bullish for the USD, while a low reading is bearish.

Most recent - Thursday 27 February 2025 13:30

Previous
2.5%
Revised
-
Forecast
2.5%
Actual
2.7%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Thursday 27 March 2025 12:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Core Personal Consumption Expenditures (QoQ) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Core Personal Consumption Expenditures (QoQ) was 2.7% against a forecast of 2.5%.

Past events

Date
Forecast
Actual
Thursday 27 February 2025 13:30
2.5%
2.7%
Thursday 30 January 2025 13:30
2.5%
2.5%
Thursday 19 December 2024 13:30
2.1%
2.2%
Wednesday 27 November 2024 13:30
2.2%
2.1%
Wednesday 30 October 2024 12:30
2.1%
2.2%
Thursday 26 September 2024 12:30
2.8%
2.8%
Thursday 29 August 2024 12:30
2.9%
2.8%
Thursday 25 July 2024 12:30
2.7%
2.9%
Thursday 27 June 2024 12:30
3.6%
3.7%
Thursday 30 May 2024 12:30
3.7%
3.6%
Thursday 25 April 2024 12:30
3.4%
3.7%
Thursday 28 March 2024 12:30
2.1%
2%
Wednesday 28 February 2024 13:30
2%
2.1%
Thursday 25 January 2024 13:30
2%
2%
Thursday 21 December 2023 13:30
2.3%
2%
Wednesday 29 November 2023 13:30
2.4%
2.3%
Thursday 26 October 2023 12:30
2.5%
2.4%
Thursday 28 September 2023 12:30
3.7%
3.7%
Wednesday 30 August 2023 12:30
3.8%
3.7%
Thursday 27 July 2023 12:30
4%
3.8%
Thursday 29 June 2023 12:30
5%
4.9%
Thursday 25 May 2023 12:30
4.9%
5%
Thursday 27 April 2023 12:30
4.8%
4.9%
Thursday 30 March 2023 12:30
4.3%
4.4%
Thursday 23 February 2023 13:30
3.9%
4.3%
Thursday 26 January 2023 13:30
5.3%
3.9%
Thursday 22 December 2022 13:30
4.6%
4.7%
Wednesday 30 November 2022 13:30
4.5%
4.6%
Thursday 27 October 2022 12:30
4.5%
4.5%
Thursday 29 September 2022 12:30
4.4%
4.7%
Thursday 25 August 2022 12:30
4.4%
4.4%
Thursday 28 July 2022 12:30
4.5%
4.4%
Wednesday 29 June 2022 12:30
5.1%
5.2%
Thursday 26 May 2022 12:30
5.2%
5.1%
Thursday 28 April 2022 12:30
5.4%
5.2%
Wednesday 30 March 2022 12:30
5%
5%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Core Personal Consumption Expenditures (QoQ) result:

PreviousLatest
JOLTS Job OpeningsBullish change7.508M7.74M
Average Hourly Earnings (MoM)Bearish change0.4%0.3%
Average Hourly Earnings (YoY)Bullish change3.9%4%
Labor Force Participation RateBearish change62.6%62.4%
Nonfarm PayrollsBullish change125K151K
U6 Underemployment RateBearish change7.5%8%
Unemployment RateBearish change4%4.1%
Initial Jobless ClaimsBullish change242K221K
Nonfarm ProductivityBullish change1.2%1.5%
Unit Labor CostsBearish change3%2.2%
Challenger Job CutsBullish change49.795K172.017K
Factory Orders (MoM)Bullish change-0.6%1.7%
ISM Services Employment IndexBullish change52.353.9
ISM Services New Orders IndexBullish change51.352.2
ISM Services PMIBullish change52.853.5
ISM Services Prices PaidBullish change60.462.6
S&P Global Composite PMIBullish change50.451.6
ADP Employment ChangeBearish change186K77K
ISM Manufacturing Employment IndexBearish change50.347.6
ISM Manufacturing New Orders IndexBearish change55.148.6
ISM Manufacturing PMIBearish change50.950.3
ISM Manufacturing Prices PaidBullish change54.962.4
Chicago Purchasing Managers' IndexBullish change39.545.5
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.2%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change2.9%2.6%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bearish change2.6%2.5%
Personal Income (MoM)Bullish change0.4%0.9%
Personal SpendingBearish change0.8%-0.2%
Pending Home Sales (MoM)Bearish change-4.1%-4.6%
Durable Goods OrdersBullish change-1.8%3.1%
Durable Goods Orders ex DefenseBullish change-1.8%3.5%
Durable Goods Orders ex TransportationBearish change0.1%0%
Gross Domestic Product Annualized(no change)2.3%2.3%
Gross Domestic Product Price IndexBullish change2.2%2.4%
Initial Jobless ClaimsBearish change220K242K
Nondefense Capital Goods Orders ex AircraftBullish change0.4%0.8%
Personal Consumption Expenditures Prices (QoQ)Bullish change2.3%2.4%
New Home Sales Change (MoM)Bearish change8.1%-10.5%

About Core Personal Consumption Expenditures (QoQ)

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Consumption
Frequency:Quarterly
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