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United States Core Personal Consumption Expenditures (PCE) Price Index Month-over-Month (MoM)

Price

0.2 %
Change +/-
+0 %
Percentage Change
+0 %

The current value of the Core Personal Consumption Expenditures (PCE) Price Index Month-over-Month (MoM) in United States is 0.2 %. The Core Personal Consumption Expenditures (PCE) Price Index Month-over-Month (MoM) in United States decreased to 0.2 % on 7/1/2024, after it was 0.2 % on 6/1/2024. From 2/1/1959 to 8/1/2024, the average GDP in United States was 0.26 %. The all-time high was reached on 5/1/1974 with 1 %, while the lowest value was recorded on 9/1/2001 with -0.6 %.

Source: U.S. Bureau of Economic Analysis

Core Personal Consumption Expenditures (PCE) Price Index Month-over-Month (MoM)

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Core PCE Price Index MoM

Core Personal Consumption Expenditures (PCE) Price Index Month-over-Month (MoM) History

DateValue
7/1/20240.2 %
6/1/20240.2 %
5/1/20240.1 %
4/1/20240.3 %
3/1/20240.3 %
2/1/20240.2 %
1/1/20240.5 %
12/1/20230.2 %
11/1/20230.1 %
10/1/20230.1 %
1
2
3
4
5
...
74

Similar Macro Indicators to Core Personal Consumption Expenditures (PCE) Price Index Month-over-Month (MoM)

NameCurrentPreviousFrequency
🇺🇸
Consumer Price Index (CPI)
314.8 points314.54 pointsMonthly
🇺🇸
Consumer Price Index for Housing and Utilities
335.056 points334.087 pointsMonthly
🇺🇸
Core Consumer Prices
319.77 points318.872 pointsMonthly
🇺🇸
Core CPI
2.3 %2.4 %Monthly
🇺🇸
Core Inflation Rate
3.4 %3.6 %Monthly
🇺🇸
Core Inflation Rate MoM
0.3 %0.2 %Monthly
🇺🇸
Core PCE Price Index
122.045 points121.944 pointsMonthly
🇺🇸
Core PCE Price Index Annual Change
2.6 %2.8 %Monthly
🇺🇸
Core PCE Prices QoQ
2.8 %3.7 %Quarter
🇺🇸
Core Producer Prices
142 points141.94 pointsMonthly
🇺🇸
Core Producer Prices MoM
0 %0.5 %Monthly
🇺🇸
Core Producer Prices YoY
2.4 %2.4 %Monthly
🇺🇸
CPI Transport
271.391 points273.326 pointsMonthly
🇺🇸
Energy Inflation
-4 %1.1 %Monthly
🇺🇸
Export Prices
148.2 points149.2 pointsMonthly
🇺🇸
Export Prices MoM
-0.6 %0.6 %Monthly
🇺🇸
Export Prices YoY
0.6 %-1 %Monthly
🇺🇸
Food Inflation
2.1 %2.2 %Monthly
🇺🇸
GDP Deflator
124.94 points124.16 pointsQuarter
🇺🇸
Import Prices
141.2 points141.8 pointsMonthly
🇺🇸
Import Prices MoM
-0.3 %0.1 %Monthly
🇺🇸
Import Prices YoY
1.1 %1.1 %Monthly
🇺🇸
Inflation Expectations
3 %3 %Monthly
🇺🇸
Inflation Rate
3.3 %3.4 %Monthly
🇺🇸
Inflation Rate MoM
0.2 %-0.1 %Monthly
🇺🇸
Median-CPI
4.32 %4.48 %Monthly
🇺🇸
Michigan 5-Year Inflation Expectations
3 %3 %Monthly
🇺🇸
Michigan Inflation Expectations
3 %3.3 %Monthly
🇺🇸
PCE Price Index
123.096 points123.106 pointsMonthly
🇺🇸
PCE Price Index annual change
2.236 %2.454 %Monthly
🇺🇸
PCE Price Index Monthly Change
0 %0.3 %Monthly
🇺🇸
PCE Prices QoQ
2.5 %3.4 %Quarter
🇺🇸
PPI excluding Food, Energy, and Trade Services
131.634 points131.532 pointsMonthly
🇺🇸
PPI Excluding Food, Energy, and Trade Services MoM
0 %0.4 %Monthly
🇺🇸
PPI excluding Food, Energy, and Trade Services YoY
3.3 %3.2 %Monthly
🇺🇸
Producer Price Change
2.2 %2.3 %Monthly
🇺🇸
Producer Price Inflation MoM
-0.2 %0.5 %Monthly
🇺🇸
Producer prices
143.822 points144.063 pointsMonthly
🇺🇸
Rental inflation
5.2 %5.1 %Monthly
🇺🇸
Seasonally Adjusted Consumer Price Index
313.534 points313.049 pointsMonthly
🇺🇸
Service Inflation
4.9 %5 %Monthly
🇺🇸
Trimmed Mean of the Consumer Price Index
3.42 %3.52 %Monthly

What is Core Personal Consumption Expenditures (PCE) Price Index Month-over-Month (MoM)?

The Core Personal Consumption Expenditures (PCE) Price Index Month-over-Month (MoM) is one of the most critical measures in the field of macroeconomics, providing deep insights into inflationary trends and consumer behavior. At Eulerpool, we recognize the import of this indicator and present it comprehensively to offer our users the most accurate and precise economic data necessary for informed decision-making. The Core PCE Price Index MoM is a nuanced metric used primarily by economists, policymakers, and financial professionals to gauge the inflation rate of goods and services in an economy excluding the elements of food and energy. These excluded elements are often subject to volatile price movements and can obscure the underlying inflation trend. By focusing on the core elements, the Core PCE Price Index MoM provides a more stable and clearer picture of inflationary pressures. Inflation measurement is crucial for myriad reasons, primarily because it directly impacts consumer purchasing power, savings, and investment decisions. The significance of the Core PCE Price Index MoM stems from its role in the Federal Reserve's monetary policy. As the Fed primarily uses this metric to frame its view on price stability, an understanding of the Core PCE Price Index MoM offers valuable insights into potential monetary policy adjustments, such as changes in interest rates. When data for the Core PCE Price Index MoM is released, it represents the percentage change in the price of goods and services consumed, from one month to the next, after excluding food and energy prices. This data is usually compiled and released by the Bureau of Economic Analysis (BEA), a division of the U.S. Department of Commerce, and carries substantial weight in economic analysis. In practice, analysts and economists delve into this data to forecast inflation trends and discern any directions or warnings in the economic landscape. For instance, a rising Core PCE Price Index MoM may signal increased inflationary pressures, potentially leading the Federal Reserve to consider tightening monetary policy to temper the economy. Conversely, a declining or steady Core PCE Price Index MoM can indicate stable inflation, suggesting that the Fed might maintain or ease monetary policy in support of economic growth. Importantly, the Core PCE Price Index MoM is different from other inflation measures, such as the Consumer Price Index (CPI), even though both metrics aim to capture price change over time. The primary distinction lies in the scope and composition of items measured. While the CPI includes a fixed basket of goods and services regularly bought by households, the PCE index encompasses a broader range of expenditures, including services paid for by third parties on behalf of consumers. Thus, the Core PCE Price Index is often considered more comprehensive and dynamic, reflecting changes in consumption patterns over time. For market participants, the Core PCE Price Index MoM can act as a significant indicator of future economic conditions. Investors, for instance, might use this data to predict the potential trajectory of asset prices. A higher-than-expected increase in the index can lead to recalibrations in financial portfolios, anticipating that the Central Bank might raise interest rates to curb inflation. On the other hand, consistent stability or lower readings could strengthen the case for equity investment, projecting sustained economic growth and consumer spending power. Furthermore, business strategists and corporate planners also have a vested interest in the Core PCE Price Index MoM as it directly impacts pricing strategies, wage negotiations, and overall financial planning. Understanding the underlying inflation trends enables businesses to make informed decisions about cost management, pricing adjustments, and investment in future growth opportunities. At Eulerpool, we are committed to providing our users with the most accurate, timely, and relevant macroeconomic data, including detailed analysis of the Core PCE Price Index MoM. Our platform is designed to cater to the needs of professional economists, financial analysts, and policymakers by integrating expansive data sets with powerful analytical tools. Users can personalize data views, cross-examine various economic indicators, and derive correlations that empower them to make sophisticated economic forecasts. In summary, the Core PCE Price Index MoM stands as a pivotal economic indicator with far-reaching implications for monetary policy, investment strategies, and business planning. By excluding volatile food and energy prices, this index offers a clearer, more consistent measure of inflationary trends that ultimately impact economic stability and growth. At Eulerpool, our goal is to ensure that our users have seamless access to this critical information, embellished with rigorous analysis and contextual insights, fostering informed decision-making and strategic forecasting in the world of economics.