Personal Consumption Expenditures Price Index

Change From Month One Year Ago
January 2025+2.5%
December 2024+2.6%
November 2024+2.5%
October 2024+2.3%

The PCE price index, released each month in the Personal Income and Outlays report, reflects changes in the prices of goods and services purchased by consumers in the United States. Quarterly and annual data are included in the GDP release.

  • Current release: February 28, 2025
  • Next release: March 28, 2025

What is the Personal Consumption Expenditures Price Index?

A measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. The PCE price index is known for capturing inflation (or deflation) across a wide range of consumer expenses and reflecting changes in consumer behavior.

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Quick Guide: Price Indexes

Director’s Blog: Price Measures

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