Dashboard consolidating the most relevant information on the US PCE measure of inflation.
PCE (Personal Consumption Expenditures) inflation is the Federal Reserve's preferred measure of US inflation. It tracks changes in the prices of goods and services purchased by consumers, with a broader scope than CPI and different weighting methodology.
Core PCE excludes volatile food and energy prices to provide a clearer view of underlying inflation trends. The Federal Reserve closely monitors Core PCE when making monetary policy decisions.
3MSAAR (3-Month Seasonally Adjusted Annual Rate) shows inflation momentum by annualizing the last three months of price changes. This provides a more timely view of recent inflation trends compared to year-over-year measures.
This dashboard tracks the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred measure of US inflation. Data is sourced from the Bureau of Economic Analysis (BEA) and updated monthly. The charts show both headline and core PCE inflation (which excludes food and energy) measured as year-over-year percentage changes and 3-month seasonally adjusted annual rates (3MSAAR). The 3MSAAR provides a view of recent inflation momentum by annualizing the last three months of price changes. This metric is closely watched by the Fed for monetary policy decisions and offers timely signals of inflationary or disinflationary trends in the US economy.
