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Personal Consumption Expenditures: Chain-type Price Index (PCEPI)

Observations

Sep 2025: 127.626
Updated: Dec 29, 2025 9:09 PM CST
Sep 2025:  127.626  
Aug 2025:  127.287  
Jul 2025:  126.957  
Jun 2025:  126.743  
May 2025:  126.380  

Units:

Index 2017=100,
Seasonally Adjusted

Frequency:

Monthly

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Notes

Title Release Dates
Personal Consumption Expenditures: Chain-type Price Index 2000-08-01 2025-12-23
 
Source    
U.S. Bureau of Economic Analysis 2000-08-01 2025-12-23
 
Release    
Personal Income and Outlays 2000-08-01 2025-12-23
 
Units    
Index 1996=100 2000-08-01 2003-12-22
Index 2000=100 2003-12-23 2009-08-03
Index 2005=100 2009-08-04 2013-08-01
Index 2009=100 2013-08-02 2018-07-30
Index 2012=100 2018-07-31 2023-09-28
Index 2017=100 2023-09-29 2025-12-23
 
Frequency    
Monthly 2000-08-01 2025-12-23
 
Seasonal Adjustment    
Seasonally Adjusted 2000-08-01 2025-12-23
 
Notes    
BEA Account Code: DPCERG3

A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

2009-08-04 2017-10-29
BEA Account Code: DPCERG
A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

2017-10-30 2019-06-27
BEA Account Code: DPCERG

The Personal Consumption Expenditures Price Index is a measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. The change in the PCE price index is known for capturing inflation (or deflation) across a wide range of consumer expenses and reflecting changes in consumer behavior. For example, if the price of beef rises, shoppers may buy less beef and more chicken.

The PCE Price Index is produced by the Bureau of Economic Analysis (BEA), which revises previously published PCE data to reflect updated information or new methodology, providing consistency across decades of data that's valuable for researchers. They also offer the series as a Chain-Type index, as above. The PCE price index is used primarily for macroeconomic analysis and forecasting.

The PCE Price index is the Federal Reserve’s preferred measure of inflation. The PCE Price Index is similar to the Bureau of Labor Statistics' consumer price index for urban consumers. The two indexes, which have their own purposes and uses, are constructed differently, resulting in different inflation rates.

For more information on the PCE price index, see:
U.S. Bureau of Economic Analysis, Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/national/pdf/nipaguid.pdf)
U.S. Bureau of Economic Analysis, Personal Consumption Expenditures Price Index (https://www.bea.gov/data/personal-consumption-expenditures-price-index)
U.S. Bureau of Economic Analysis, Prices & Inflation (https://www.bea.gov/resources/learning-center/what-to-know-prices-inflation)
U.S. Bureau of Labor Statistics, Differences between the Consumer Price Index and the Personal Consumption Expenditure Price Index (https://www.bls.gov/opub/btn/archive/differences-between-the-consumer-price-index-and-the-personal-consumption-expenditures-price-index.pdf)

2019-06-28 2025-12-23

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Headline Figure Chained Personal Consumption Expenditures Consumption Expenditures Consumption Personal National Income and Product Accounts Inflation Bureau of Economic Analysis Price Index Indexes Price Seasonally Adjusted Monthly Nation Public Domain: Citation Requested United States of America