Save United States - Personal Consumption Expenditure Price Index [PCE]
PCE is one of the key factors in Fed's decisions on monetary policy. Historically, Fed tends to tighten when PCE reaches over 2%.
Among all components, medical care has heavier weight and maintains to grow. Housing price also remains high. While the highlight here in PCE price index is transportation (including energy), which in recent years is affected by international oil price fluctuations.
Main components of PCE price index are: medical care (20.86%), housing including energy (17.37%), recreation (11.23%), transportation including energy (9.02%), food and beverages (7.18%), financial services (6.33%). Compared with CPI, PCE reflects more down-to-earth inflation growth because housing rentals has smaller weights.
US PCE Price Index (SA, YoY)2022-066.76 %
US Core PCE Price Index (SA, YoY)2022-064.79 %