PCE and GDP price indexes · United States
United States Core PCE Price Index YoY
The United States Core PCE Price Index YoY 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.
- 重要性
- High
- 发布时间
- Monthly
- 下次发布
- 货币
- USD · US dollar
- 中央银行
- The Federal Reserve
最新数据
最新一期（SEP）于 2026-10-29 公布，数值为 3.1%。 与 3.1% 的市场预期一致。 高于上次的 3%。
符合预期的结果通常反应不大：已被市场消化。
最近 12 次公布中介于 2.7% 至 3.4%，平均 3.1%。
| 发布时间 | 期限 | 实际值 | 预期值 | 前值 |
|---|---|---|---|---|
| 29 Oct 2026 | SEP | 3.1% | 3.1% | 3% |
| 30 Sep 2026 | AUG | 3% | 3.3% | 3% ® |
| 26 Aug 2026 | JUL | 3.3% | 3.3% | 3.3% |
| 30 Jul 2026 | JUN | 3.3% | 3.3% | 3.4% |
| 25 Jun 2026 | MAY | 3.4% | 3.4% | 3.3% |
| 28 May 2026 | APR | 3.3% | 3.3% | 3.2% |
| 30 Apr 2026 | MAR | 3.2% | 3.2% | 3% |
| 9 Apr 2026 | FEB | 3% | 3% | 3.1% |
| 13 Mar 2026 | JAN | 3.1% | 3.1% | 3% |
| 20 Feb 2026 | DEC | 3% | 2.9% | 2.8% |
| 22 Jan 2026 | OCT | 2.7% | – | 2.8% |
| 22 Jan 2026 | NOV | 2.8% | 2.8% | 2.7% |
为何重要
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.
计算方法
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变化意味着什么
- 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.
高于预期：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.
低于预期：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.
简史
The Fed switched its preferred inflation measure from CPI to PCE in 2000 and wrote the 2% PCE target into its strategy in 2012.
问题
What is the United States Core PCE Price Index YoY?
The United States Core PCE Price Index YoY 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 Core PCE Price Index YoY?
3.1% for SEP, published on 29 October 2026 (consensus 3.1%, previous 3%).
When is the next United States Core PCE Price Index YoY?
On Wednesday 25 November 2026 at 13:30 UTC.
仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。