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.

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Most recent - Wednesday 29 November 2023 13:30

2.4%

Revised

Forecast

2.4%

Actual

2.3%

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

Next event - Thursday 21 December 2023 13:30

2.3%

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 2.3% against a forecast of 2.4%.

Past events

Date

Forecast

Actual

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%

Wednesday 30 August 2023 12:30

3.8%

3.7%

Thursday 27 July 2023 12:30

3.8%

Thursday 29 June 2023 12:30

4.9%

Thursday 25 May 2023 12:30

4.9%

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%

Thursday 29 September 2022 12:30

4.4%

4.7%

Thursday 25 August 2022 12:30

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

Thursday 24 February 2022 13:30

4.9%

Thursday 27 January 2022 13:30

4.9%

Wednesday 22 December 2021 13:30

4.5%

4.6%

Wednesday 24 November 2021 13:30

4.5%

Thursday 28 October 2021 12:30

4.5%

Thursday 30 September 2021 12:30

6.1%

Thursday 26 August 2021 12:30

6.1%

Thursday 29 July 2021 12:30

5.9%

6.1%

Thursday 24 June 2021 12:30

2.5%

Thursday 27 May 2021 12:30

2.3%

2.5%

Thursday 29 April 2021 12:30

2.4%

2.3%

Thursday 25 March 2021 12:30

1.4%

1.3%

Thursday 25 February 2021 13:30

1.4%

Thursday 28 January 2021 13:30

1.5%

1.4%

Tuesday 22 December 2020 13:30

3.5%

3.4%

Economic context

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

		Previous	Latest
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%
Core Personal Consumption Expenditures - Price Index (YoY)	Bearish change	3.7%	3.5%
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%
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%
S&P Global Composite PMI	(no change)	50.7	50.7
S&P Global Manufacturing PMI	Bearish change	50	49.4
S&P Global Services PMI	Bullish change	50.6	50.8
Michigan Consumer Sentiment Index	Bullish change	60.4	61.3
UoM 5-year Consumer Inflation Expectation	(no change)	3.2%	3.2%
Durable Goods Orders	Bearish change	4.6%	-5.4%
Durable Goods Orders ex Defense	Bearish change	5.7%	-6.7%
Durable Goods Orders ex Transportation	Bearish change	0.4%	0%
Initial Jobless Claims	Bullish change	233K	209K
Nondefense Capital Goods Orders ex Aircraft	Bearish change	0.5%	-0.1%
Existing Home Sales Change (MoM)	Bearish change	-2.2%	-4.1%
Building Permits (MoM)	Bullish change	1.471M	1.487M
Housing Starts (MoM)	Bullish change	1.346M	1.372M

About Core Personal Consumption Expenditures (QoQ)

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

Related events

	Australia		Retail Sales s.a. (MoM)
	Canada		Retail Sales (MoM)
	China		Retail Sales (YoY)
	Germany		Retail Sales (YoY)
	Eurozone		Retail Sales (YoY)
	New Zealand		Retail Sales (QoQ)
	United States		Michigan Consumer Sentiment Index
	United States		Retail Sales (MoM)
	United States		Retail Sales Control Group
	Australia		Westpac Consumer Confidence
	Australia		Retail Sales (QoQ)
	Canada		Retail Sales ex Autos (MoM)
	Switzerland		Real Retail Sales (YoY)
	Germany		Retail Sales (MoM)
	Germany		Gfk Consumer Confidence Survey
	Eurozone		Consumer Confidence
	Eurozone		Retail Sales (MoM)
	Japan		Large Retailer Sales
	Japan		Overall Household Spending (YoY)
	Japan		Retail Trade s.a (MoM)
	Japan		Retail Trade (YoY)
	New Zealand		ANZ – Roy Morgan Consumer Confidence
	New Zealand		Retail Sales ex Autos (QoQ)
	New Zealand		Westpac Consumer Survey
	United Kingdom		BRC Like-For-Like Retail Sales (YoY)
	United Kingdom		Retail Sales ex-Fuel (MoM)
	United Kingdom		GfK Consumer Confidence
	United Kingdom		Retail Sales (MoM)
	United Kingdom		Retail Sales ex-Fuel (YoY)
	United Kingdom		Retail Sales (YoY)
	United States		Consumer Confidence
	United States		Retail Sales ex Autos (MoM)
	United States		UoM 5-year Consumer Inflation Expectation
	United States		Personal Consumption Expenditures Prices (QoQ)
	United States		Personal Spending

Calendar - Core Personal Consumption Expenditures (QoQ) - United States

Core Personal Consumption Expenditures (QoQ)

Most recent - Wednesday 29 November 2023 13:30

Next event - Thursday 21 December 2023 13:30

Trading range

Trading range after each Core Personal Consumption Expenditures (QoQ) event

Forecast history

Past events

Economic context

About Core Personal Consumption Expenditures (QoQ)

Related events