PCE and GDP price indexes · United States

United States PCE Prices QoQ 2nd Est

The United States PCE Prices QoQ 2nd Est 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.

חשיבות
Medium
פורסם
Quarterly
הפרסום הבא
מטבע
USD · US dollar
בנק מרכזי
The Federal Reserve
משפיע על
AUDUSD · EURUSD · GAUUSD · GBPUSD · NZDUSD · USDCAD · USDCHF · USDCNH

הנתונים האחרונים

הפרסום האחרון, עבור Q2, יצא ב-2026-08-26 ועמד על 5.3%. זה מעל הקונצנזוס של 5.1%. זו עלייה מ-4.6% בפעם הקודמת.

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.

ב-6 הפרסומים האחרונים הערך נע בין 2.0% ל-5.3%, בממוצע 3.4%. הנתון עולה שלושה פרסומים ברציפות.

Feb 2025: 2.4%May 2025: 3.6%Aug 2025: 2%Mar 2026: 2.9%May 2026: 4.5%Aug 2026: 5.3% Feb 2025Aug 2026
תוצאות בפועל; הקו הקצר על עמודה מסמן את הקונצנזוס.
פורסםעבורבפועלקונצנזוסקודם
26 Aug 2026Q25.3%5.1%4.6%
28 May 2026Q14.5%4.5%2.9%
13 Mar 2026Q42.9%2.9%2.8%
28 Aug 2025Q22%2.1%3.7%
29 May 2025Q13.6%3.6%2.4%
27 Feb 2025Q42.4%2.3%1.5%

לצפייה ביומן הכלכלי ←

למה זה חשוב

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.

איך זה מחושב

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

מה המשמעות של שינויים

  • 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.

גבוה מהצפוי: 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.

נמוך מהצפוי: 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.

היסטוריה קצרה

The Fed switched its preferred inflation measure from CPI to PCE in 2000 and wrote the 2% PCE target into its strategy in 2012.

שאלות

What is the United States PCE Prices QoQ 2nd Est?

The United States PCE Prices QoQ 2nd Est 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 2nd Est?

5.3% for Q2, published on 26 August 2026 (consensus 5.1%, previous 4.6%).

When is the next United States PCE Prices QoQ 2nd Est?

On Wednesday 25 November 2026 at 13:30 UTC.

תוכן לימודי בלבד, לא ייעוץ השקעות. הנתונים הם התוצאות שפורסמו כפי שנרשמו ביומן שלנו; תגובות השוק המתוארות אופייניות, לא מובטחות.