PCE and GDP price indexes · United States

United States PCE Prices QoQ Adv

The United States PCE Prices QoQ Adv 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
Medium
Veröffentlicht
Quarterly
Nächste Veröffentlichung
Währung
USD · US dollar
Zentralbank
The Federal Reserve
Bewegt
AUDUSD · EURUSD · GAUUSD · GBPUSD · NZDUSD · USDCAD · USDCHF · USDCNH

Neueste Zahlen

Die letzte Veröffentlichung, für Q3, erschien am 2026-10-29 und lag bei 2.1%. Das liegt unter dem Konsens von 3.4%. Das ist weniger als 5% beim letzten Mal.

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.

In den letzten 7 Veröffentlichungen lag der Wert zwischen 2.1% und 5.1%, im Schnitt 3.2%.

Jan 2025: 2.3%Apr 2025: 3.6%Jul 2025: 2.1%Feb 2026: 2.9%Apr 2026: 4.5%Jul 2026: 5.1%Oct 2026: 2.1% Jan 2025Oct 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
29 Oct 2026Q32.1%3.4%5%
30 Jul 2026Q25.1%–4.6%
30 Apr 2026Q14.5%–2.9%
20 Feb 2026Q42.9%2.8%2.8%
30 Jul 2025Q22.1%2.9%3.7%
30 Apr 2025Q13.6%–2.4%
30 Jan 2025Q42.3%–1.5%

Im Wirtschaftskalender ansehen →

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 − 1

Was 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 Prices QoQ Adv?

The United States PCE Prices QoQ Adv 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 Prices QoQ Adv?

2.1% for Q3, published on 29 October 2026 (consensus 3.4%, previous 5%).

When is the next United States PCE Prices QoQ Adv?

On Thursday 28 January 2027 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.