U.S. monthly core personal consumption expenditure price index 2023-2024

In July 2024, the core personal consumption expenditure (PCE) price index of the United States came to 122.46. The core PCE shows the prices paid by consumers for goods and services excluding food and energy, which experience high volatility. This enables an improved measure of inflation. A value above 100 indicates consumer spending is rising above the base year (2017) expenditures, while an index value below 100 shows a decline in spending.