Core Personal Consumption Expenditures - Price Index (YoY)

After publishing the GDP report, the US Bureau of Economic Analysis releases the Personal Consumption Expenditures (PCE) Price Index data alongside the monthly changes in Personal Spending and Personal Income. FOMC policymakers use the annual Core PCE Price Index, which excludes volatile food and energy prices, as their primary gauge of inflation. A stronger-than-expected reading could help the USD outperform its rivals as it would hint at a possible hawkish shift in the Fed’s forward guidance and vice versa.

Hide description Full calendar

Most recent - Thursday 30 November 2023 13:30

3.7%

Revised

Forecast

3.5%

Actual

3.5%

Next event - Friday 22 December 2023 13:30

3.5%

Forecast

Actual

The typical/expected impact on USD pairs is high.

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

Trading range

Forecast history

The most recent announced value for Core Personal Consumption Expenditures - Price Index (YoY) was 3.5% against a forecast of 3.5%.

Past events

Date

Forecast

Actual

Thursday 30 November 2023 13:30

3.5%

Friday 27 October 2023 12:30

3.7%

Friday 29 September 2023 12:30

3.9%

Thursday 31 August 2023 12:30

4.2%

Friday 28 July 2023 12:30

4.2%

4.1%

Friday 30 June 2023 12:30

4.7%

4.6%

Friday 26 May 2023 12:30

4.6%

4.7%

Friday 28 April 2023 12:30

4.5%

4.6%

Friday 31 March 2023 12:30

4.7%

4.6%

Friday 24 February 2023 13:30

4.3%

4.7%

Friday 27 January 2023 13:30

4.4%

Friday 23 December 2022 13:30

4.7%

Thursday 1 December 2022 13:30

Friday 28 October 2022 12:30

5.2%

5.1%

Friday 30 September 2022 12:30

4.7%

4.9%

Friday 26 August 2022 12:30

4.7%

4.6%

Friday 29 July 2022 12:30

4.7%

4.8%

Thursday 30 June 2022 12:30

4.7%

Friday 27 May 2022 12:30

4.9%

Friday 29 April 2022 12:30

5.3%

5.2%

Thursday 31 March 2022 12:30

5.5%

5.4%

Friday 25 February 2022 13:30

5.1%

5.2%

Friday 28 January 2022 13:30

4.8%

4.9%

Thursday 23 December 2021 13:30

4.5%

4.7%

Wednesday 24 November 2021 15:00

4.1%

Friday 29 October 2021 12:30

3.7%

3.6%

Friday 1 October 2021 12:30

3.6%

Friday 27 August 2021 12:30

3.6%

Friday 30 July 2021 12:30

3.7%

3.5%

Friday 25 June 2021 12:30

3.4%

Friday 28 May 2021 12:30

2.9%

3.1%

Friday 30 April 2021 12:30

1.8%

Friday 26 March 2021 12:30

1.5%

1.4%

Friday 26 February 2021 13:30

1.4%

1.5%

Friday 29 January 2021 13:30

1.3%

1.5%

Wednesday 23 December 2020 13:30

1.5%

1.4%

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 - Price Index (YoY) result:

		Previous	Latest
Michigan Consumer Sentiment Index	Bullish change	61.3	69.4
UoM 5-year Consumer Inflation Expectation	Bearish change	3.2%	2.8%
Average Hourly Earnings (MoM)	Bullish change	0.2%	0.4%
Average Hourly Earnings (YoY)	(no change)	4%	4%
Labor Force Participation Rate	Bullish change	62.7%	62.8%
Nonfarm Payrolls	Bullish change	150K	199K
U6 Underemployment Rate	Bullish change	7.2%	7%
Unemployment Rate	Bullish change	3.9%	3.7%
Initial Jobless Claims	Bearish change	218K	220K
Challenger Job Cuts	Bullish change	36.836K	45.51K
Nonfarm Productivity	Bullish change	4.7%	5.2%
Unit Labor Costs	Bearish change	-0.8%	-1.2%
ADP Employment Change	Bearish change	106K	103K
ISM Services Employment Index	Bullish change	50.2	50.7
ISM Services New Orders Index	(no change)	55.5	55.5
ISM Services PMI	Bullish change	51.8	52.7
ISM Services Prices Paid	Bearish change	58.6	58.3
JOLTS Job Openings	Bearish change	9.35M	8.733M
S&P Global Composite PMI	(no change)	50.7	50.7
Factory Orders (MoM)	Bearish change	2.3%	-3.6%
ISM Manufacturing Employment Index	Bearish change	46.8	45.8
ISM Manufacturing New Orders Index	Bullish change	45.5	48.3
ISM Manufacturing PMI	(no change)	46.7	46.7
ISM Manufacturing Prices Paid	Bullish change	45.1	49.9
Pending Home Sales (MoM)	Bearish change	1%	-1.5%
Chicago Purchasing Managers' Index	Bullish change	44	55.8
Core Personal Consumption Expenditures - Price Index (MoM)	Bearish change	0.3%	0.2%
Initial Jobless Claims	Bearish change	211K	218K
Personal Consumption Expenditures - Price Index (MoM)	Bearish change	0.4%	0%
Personal Consumption Expenditures - Price Index (YoY)	Bearish change	3.4%	3%
Personal Income (MoM)	Bearish change	0.4%	0.2%
Personal Spending	Bearish change	0.7%	0.2%
Core Personal Consumption Expenditures (QoQ)	Bearish change	2.4%	2.3%
Gross Domestic Product Annualized	Bullish change	4.9%	5.2%
Gross Domestic Product Price Index	(no change)	3.5%	3.5%
Personal Consumption Expenditures Prices (QoQ)	Bearish change	2.9%	2.8%
Housing Price Index (MoM)	(no change)	0.6%	0.6%
New Home Sales Change (MoM)	Bearish change	8.6%	-5.6%

About Core Personal Consumption Expenditures - Price Index (YoY)

Country:	United States
Currency:	USD
Source:	US Bureau of Economic Analysis
Category:	Inflation
Frequency:	Monthly

Related events

	Australia		Monthly Consumer Price Index (YoY)
	Australia		Consumer Price Index (QoQ)
	Australia		RBA Trimmed Mean CPI (QoQ)
	Canada		BoC Consumer Price Index Core (YoY)
	China		Consumer Price Index (YoY)
	Germany		Harmonized Index of Consumer Prices (YoY)
	New Zealand		Consumer Price Index (YoY)
	United Kingdom		Consumer Price Index (YoY)
	United States		Consumer Price Index ex Food & Energy (MoM)
	United States		Consumer Price Index ex Food & Energy (YoY)
	Australia		TD Securities Inflation (YoY)
	Australia		Consumer Price Index (YoY)
	Australia		Consumer Inflation Expectations
	Canada		BoC Consumer Price Index Core (MoM)
	Canada		Consumer Price Index (MoM)
	Canada		Consumer Price Index (YoY)
	Canada		Consumer Price Index - Core (MoM)
	China		Consumer Price Index (MoM)
	China		Producer Price Index (YoY)
	Germany		Producer Price Index (MoM)
	Eurozone		Core Harmonized Index of Consumer Prices (MoM)
	Eurozone		Harmonized Index of Consumer Prices (MoM)
	Eurozone		Core Harmonized Index of Consumer Prices (YoY)
	Japan		National CPI ex-Fresh Food (YoY)
	Japan		Tokyo Consumer Price Index (YoY)
	Japan		National CPI ex Food, Energy (YoY)
	Japan		Tokyo CPI ex Food, Energy (YoY)
	Japan		National Consumer Price Index (YoY)
	Japan		Tokyo CPI ex Fresh Food (YoY)
	New Zealand		RBNZ Inflation Expectations (QoQ)
	New Zealand		Consumer Price Index (QoQ)
	United Kingdom		Core Consumer Price Index (YoY)
	United Kingdom		Retail Price Index (MoM)
	United Kingdom		Retail Price Index (YoY)
	United Kingdom		PPI Core Output (YoY) n.s.a
	United Kingdom		Consumer Price Index (MoM)
	United Kingdom		PPI Core Output (MoM) n.s.a
	United States		Housing Price Index (MoM)
	United States		ISM Manufacturing Prices Paid
	United States		ISM Services Prices Paid
	United States		Core Personal Consumption Expenditures - Price Index (MoM)
	United States		Consumer Price Index (YoY)
	United States		Consumer Price Index Core s.a
	United States		Producer Price Index ex Food & Energy (YoY)
	United States		Consumer Price Index (MoM)

Calendar - Core Personal Consumption Expenditures - Price Index (YoY) - United States

Core Personal Consumption Expenditures - Price Index (YoY)

Most recent - Thursday 30 November 2023 13:30

Next event - Friday 22 December 2023 13:30

Trading range

Trading range after each Core Personal Consumption Expenditures - Price Index (YoY) event

Forecast history

Past events

Economic context

About Core Personal Consumption Expenditures - Price Index (YoY)

Related events