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.

Next event - Friday 29 March 2024 12:30

Previous
2.8%
Forecast
2.8%
Actual
-

The typical/expected impact on USD pairs is high.

The consensus forecast for Core Personal Consumption Expenditures - Price Index (YoY) is 2.8%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Most recent - Thursday 29 February 2024 13:30

Previous
2.9%
Revised
-
Forecast
2.8%
Actual
2.8%

Trading range

Forecast history

The most recent announced value for Core Personal Consumption Expenditures - Price Index (YoY) was 2.8% against a forecast of 2.8%.

Past events

Date
Forecast
Actual
Thursday 29 February 2024 13:30
2.8%
2.8%
Friday 26 January 2024 13:30
3%
2.9%
Friday 22 December 2023 13:30
3.3%
3.2%
Thursday 30 November 2023 13:30
3.5%
3.5%
Friday 27 October 2023 12:30
3.7%
3.7%
Friday 29 September 2023 12:30
3.9%
3.9%
Thursday 31 August 2023 12:30
4.2%
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%
4.7%
Thursday 1 December 2022 13:30
5%
5%
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%
4.7%
Friday 27 May 2022 12:30
4.9%
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%
4.1%
Friday 29 October 2021 12:30
3.7%
3.6%
Friday 1 October 2021 12:30
3.6%
3.6%
Friday 27 August 2021 12:30
3.6%
3.6%
Friday 30 July 2021 12:30
3.7%
3.5%
Friday 25 June 2021 12:30
3.4%
3.4%
Friday 28 May 2021 12:30
2.9%
3.1%
Friday 30 April 2021 12:30
1.8%
1.8%

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:

PreviousLatest
Michigan Consumer Sentiment IndexBullish change76.579.4
Pending Home Sales (MoM)Bullish change-4.7%1.6%
UoM 5-year Consumer Inflation ExpectationBearish change2.9%2.8%
Chicago Purchasing Managers' IndexBearish change4441.4
Core Personal Consumption Expenditures (QoQ)Bearish change2.1%2%
Gross Domestic Product AnnualizedBullish change3.2%3.4%
Gross Domestic Product Price Index(no change)1.7%1.7%
Initial Jobless ClaimsBullish change212K210K
Personal Consumption Expenditures Prices (QoQ)(no change)1.8%1.8%
Housing Price Index (MoM)Bearish change0.1%-0.1%
Durable Goods OrdersBullish change-6.9%1.4%
Durable Goods Orders ex DefenseBullish change-7.9%2.2%
Durable Goods Orders ex TransportationBullish change-0.3%0.5%
Nondefense Capital Goods Orders ex AircraftBullish change-0.4%0.7%
New Home Sales Change (MoM)Bearish change1.7%-0.3%
Existing Home Sales Change (MoM)Bullish change3.1%9.5%
S&P Global Composite PMIBearish change52.552.2
S&P Global Manufacturing PMIBullish change52.252.5
S&P Global Services PMIBearish change52.351.7
Initial Jobless ClaimsBullish change212K210K
Philadelphia Fed Manufacturing SurveyBearish change5.23.2
Fed Interest Rate Decision(no change)5.5%5.5%
Interest Rate Projections - 1st yearBearish change4.6%3.9%
Interest Rate Projections - 2nd yearBearish change3.6%3.1%
Interest Rate Projections - CurrentBearish change5.4%4.6%
Interest Rate Projections - LongerBullish change2.5%2.6%
Building Permits (MoM)Bullish change1.489M1.518M
Housing Starts (MoM)Bullish change1.374M1.521M
Michigan Consumer Sentiment IndexBearish change76.976.5
UoM 5-year Consumer Inflation Expectation(no change)2.9%2.9%
Industrial Production (MoM)Bullish change-0.5%0.1%
NY Empire State Manufacturing IndexBearish change-2.4-20.9

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)
Eurozone
Harmonized Index of Consumer Prices (YoY)
Eurozone
Core 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)
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)

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?