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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 - Wednesday 29 November 2023 13:30

Previous
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

Previous
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%
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%
Thursday 24 February 2022 13:30
4.9%
5%
Thursday 27 January 2022 13:30
4.9%
4.9%
Wednesday 22 December 2021 13:30
4.5%
4.6%
Wednesday 24 November 2021 13:30
4.5%
4.5%
Thursday 28 October 2021 12:30
4.5%
4.5%
Thursday 30 September 2021 12:30
6.1%
6.1%
Thursday 26 August 2021 12:30
6.1%
6.1%
Thursday 29 July 2021 12:30
5.9%
6.1%
Thursday 24 June 2021 12:30
2.5%
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%
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:

PreviousLatest
Pending Home Sales (MoM)Bearish change1%-1.5%
Chicago Purchasing Managers' IndexBullish change4455.8
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.3%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change3.7%3.5%
Initial Jobless ClaimsBearish change211K218K
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.4%0%
Personal Consumption Expenditures - Price Index (YoY)Bearish change3.4%3%
Personal Income (MoM)Bearish change0.4%0.2%
Personal SpendingBearish change0.7%0.2%
Gross Domestic Product AnnualizedBullish change4.9%5.2%
Gross Domestic Product Price Index(no change)3.5%3.5%
Personal Consumption Expenditures Prices (QoQ)Bearish change2.9%2.8%
Housing Price Index (MoM)(no change)0.6%0.6%
New Home Sales Change (MoM)Bearish change8.6%-5.6%
S&P Global Composite PMI(no change)50.750.7
S&P Global Manufacturing PMIBearish change5049.4
S&P Global Services PMIBullish change50.650.8
Michigan Consumer Sentiment IndexBullish change60.461.3
UoM 5-year Consumer Inflation Expectation(no change)3.2%3.2%
Durable Goods OrdersBearish change4.6%-5.4%
Durable Goods Orders ex DefenseBearish change5.7%-6.7%
Durable Goods Orders ex TransportationBearish change0.4%0%
Initial Jobless ClaimsBullish change233K209K
Nondefense Capital Goods Orders ex AircraftBearish change0.5%-0.1%
Existing Home Sales Change (MoM)Bearish change-2.2%-4.1%
Building Permits (MoM)Bullish change1.471M1.487M
Housing Starts (MoM)Bullish change1.346M1.372M

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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