NOTES
| Title | Release Dates | |
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| Personal Consumption Expenditures: Chain-type Price Index | 2000-08-01 | 2023-08-31 |
| Source | ||
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| U.S. Bureau of Economic Analysis | 2000-08-01 | 2023-08-31 |
| Release | ||
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| Personal Income and Outlays | 2000-08-01 | 2023-08-31 |
| Units | ||
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| 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 | 2023-08-31 |
| Frequency | ||
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| Monthly | 2000-08-01 | 2023-08-31 |
| Seasonal Adjustment | ||
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| Seasonally Adjusted | 2000-08-01 | 2023-08-31 |
| Notes | ||
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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 | 2023-08-31 |
RELEASE TABLES
Personal Income and Outlays
RELATED CONTENT
Related Resources
Other Formats
Related Categories
Consumer Price Indexes (CPI and PCE)
Prices
Price Indexes & Deflators
National Income & Product Accounts
National Accounts