Core PCE prices in the US, which exclude food and energy, went up by 0.2% month-over-month in November of 2022, following an upwardly revised 0.3% increase in the prior month, matching market estimates. The annual rate, the Federal Reserve’s preferred gauge of inflation, fell to a four-month low of 4.7% from 5% in the prior month. source: U.S. Bureau of Economic Analysis
Core PCE Price Index MoM in the United States averaged 0.26 percent from 1959 until 2022, reaching an all time high of 1 percent in May of 1974 and a record low of -0.60 percent in September of 2001. This page includes a chart with historical data for the United States Core Pce Price Index MoM. United States Core Pce Price Index MoM – data, historical chart, forecasts and calendar of releases – was last updated on January of 2023.
Core PCE Price Index MoM in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core Pce Price Index MoM is projected to trend around 0.30 percent in 2024 and 0.20 percent in 2025, according to our econometric models.
