Annual, Not Seasonally Adjusted

PRTEMPMALADSMEI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,546.00

Year-over-Year Change

-4.83%

Date Range

1/1/1984 - 1/1/2011

Summary

The Personal Consumption Expenditures (PCE) Deflator measures the change in prices for consumer goods and services in the United States. It is a key indicator of inflation and consumer purchasing power.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The PCE Deflator tracks the prices paid by consumers for a comprehensive basket of goods and services. It is used by policymakers, economists, and analysts to assess the overall rate of inflation in the U.S. economy.

Methodology

The data is calculated based on price surveys of consumer purchases.

Historical Context

The PCE Deflator is widely referenced in monetary policy decisions and economic forecasts.

Key Facts

  • The PCE Deflator is the Federal Reserve's preferred measure of inflation.
  • It tracks a broader set of consumer expenditures than the Consumer Price Index (CPI).
  • The PCE Deflator is used to adjust GDP for the effects of inflation.

FAQs

Q: What does this economic trend measure?

A: The PCE Deflator measures the change in prices for consumer goods and services in the United States. It is a key indicator of inflation.

Q: Why is this trend relevant for users or analysts?

A: The PCE Deflator is a widely referenced indicator used by policymakers, economists, and analysts to assess the overall rate of inflation in the U.S. economy.

Q: How is this data collected or calculated?

A: The data is calculated based on price surveys of consumer purchases.

Q: How is this trend used in economic policy?

A: The PCE Deflator is used in monetary policy decisions and economic forecasts by the Federal Reserve and other institutions.

Q: Are there update delays or limitations?

A: The PCE Deflator data is published monthly by the U.S. Bureau of Economic Analysis with typical release delays of around one month.

Related Trends

Citation

U.S. Federal Reserve, Personal Consumption Expenditures: Chain-type Price Index (PRTEMPMALADSMEI), retrieved from FRED.