PCE and GDP price indexes · United States
United States PCE Price Index MoM
The United States PCE Price Index MoM measures the prices of everything households (PCE) or the whole economy (deflator) buy. In the United States it is one of the main measures of inflation.
- Wichtigkeit
- High
- Veröffentlicht
- Monthly
- Nächste Veröffentlichung
- Währung
- USD · US dollar
- Zentralbank
- The Federal Reserve
Neueste Zahlen
Die letzte Veröffentlichung, für SEP, erschien am 2026-10-29 und lag bei 0.5%. Das entspricht dem Konsens von 0.5%. Das ist mehr als 0.3% beim letzten Mal.
Ein Ergebnis im Rahmen des Konsenses löst meist wenig Reaktion aus: Es war bereits eingepreist.
In den letzten 12 Veröffentlichungen lag der Wert zwischen -0.1% und 0.7%, im Schnitt 0.3%. Der Wert ist drei Veröffentlichungen in Folge gestiegen.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 29 Oct 2026 | SEP | 0.5% | 0.5% | 0.3% |
| 30 Sep 2026 | AUG | 0.3% | 0.4% | 0.1% ® |
| 26 Aug 2026 | JUL | 0.2% | 0.1% | -0.1% |
| 30 Jul 2026 | JUN | -0.1% | -0.1% | 0.5% ® |
| 25 Jun 2026 | MAY | 0.4% | 0.5% | 0.4% |
| 28 May 2026 | APR | 0.4% | 0.5% | 0.7% |
| 30 Apr 2026 | MAR | 0.7% | 0.7% | 0.4% |
| 9 Apr 2026 | FEB | 0.4% | 0.4% | 0.3% |
| 13 Mar 2026 | JAN | 0.3% | 0.3% | 0.4% |
| 20 Feb 2026 | DEC | 0.4% | 0.3% | 0.2% |
| 22 Jan 2026 | OCT | 0.2% | – | 0.3% |
| 22 Jan 2026 | NOV | 0.2% | 0.2% | 0.2% |
Warum es wichtig ist
In the United States the Federal Reserve's 2% target is defined on the PCE price index, and the core measure (without food and energy) is the one policymakers quote most. Because CPI comes out first, markets usually know roughly what PCE will show; surprises come from the parts measured differently, such as health care.
So wird gerechnet
PCE prices are built from the same price data as CPI and producer prices, but weighted by what households actually spend (including what is paid on their behalf, like employer health insurance), and the weights change every period. The GDP deflator divides nominal GDP by real GDP.
Deflator = nominal GDP ÷ real GDP × 100
PCE inflation = PCE index ÷ PCE index a year ago − 1Was Veränderungen bedeuten
- Core PCE above 2% and rising keeps the Fed cautious about cutting rates.
- The monthly change annualised (× 12) shows the latest pace; three-month averages smooth the noise.
Höher als erwartet: A higher figure than expected makes the Federal Reserve more likely to keep rates high or raise them: it tends to support the US dollar and push bond yields up, and is often a weight on stocks.
Niedriger als erwartet: A lower figure than expected gives the Federal Reserve room to cut or hold rates lower: the US dollar tends to soften and bond yields to fall.
Eine kurze Geschichte
The Fed switched its preferred inflation measure from CPI to PCE in 2000 and wrote the 2% PCE target into its strategy in 2012.
Fragen
What is the United States PCE Price Index MoM?
The United States PCE Price Index MoM measures the prices of everything households (PCE) or the whole economy (deflator) buy. In the United States it is one of the main measures of inflation.
What was the latest United States PCE Price Index MoM?
0.5% for SEP, published on 29 October 2026 (consensus 0.5%, previous 0.3%).
When is the next United States PCE Price Index MoM?
On Wednesday 25 November 2026 at 13:30 UTC.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.