PCE prices in the US increased 2.9% year-on-year in December 2025, slightly higher than 2.o% in November, and above market expectations of 2.8%. Prices of goods increased 1.7% and cost of services went up 3.4%. source: U.S. Bureau of Economic Analysis

PCE Price Index Annual Change in the United States increased to 2.90 percent in December from 2.80 percent in November of 2025. PCE Price Index Annual Change in the United States averaged 3.29 percent from 1960 until 2025, reaching an all time high of 11.60 percent in March of 1980 and a record low of -1.47 percent in July of 2009. This page includes a chart with historical data for the United States PCE Price Index Annual Change. United States PCE Price Index Annual Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

PCE Price Index Annual Change in the United States increased to 2.90 percent in December from 2.80 percent in November of 2025. PCE Price Index Annual Change in the United States is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States PCE Price Index Annual Change is projected to trend around 2.10 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-22 03:00 PM
PCE Price Index YoY
Nov 2.8% 2.7% 2.8% 2.7%
2026-02-20 01:30 PM
PCE Price Index YoY
Dec 2.9% 2.8% 2.8% 2.8%
2026-03-13 12:30 PM
PCE Price Index YoY
Jan 2.9% 2.8%


Related Last Previous Unit Reference
Core PCE Price Index 127.92 127.47 points Dec 2025
Core PCE Price Index YoY 3.00 2.83 percent Dec 2025
Core PCE Price Index MoM 0.40 0.20 percent Dec 2025
Core PCE Prices QoQ 2.70 2.90 percent Dec 2025
GDP Price Index 129.43 128.25 points Sep 2025
PCE Price Index 128.61 128.15 points Dec 2025
PCE Price Index YoY 2.90 2.80 percent Dec 2025
PCE Price Index MoM 0.40 0.20 percent Dec 2025
PCE Prices QoQ 2.90 2.80 percent Dec 2025


United States PCE Price Index Annual Change
In the United States, the Personal Consumption Expenditure Price Index provides a measure of the prices paid for domestic purchases of goods and services. While the Consumer Price Index assumes a fixed basket of goods and uses expenditure weights that do not change over time for several years, the Personal Consumption Expenditure Price Index uses a chain index and resorts on expenditure data from the current period and the preceding period (known as Fisher Price Index).
Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.80 11.60 -1.47 1960 - 2025 percent Monthly
2017=100, SA