Definition
A monthly measure of prices for the goods and services bought by, or for, people in the US.
The story
CPI (Consumer Price Index) prices what you pay out of your own pocket. PCE (Personal Consumption Expenditures) also counts what's paid on your behalf, like the share of a doctor's bill covered by your employer's insurance. Same idea, a wider net, and it comes from the Commerce Department instead of the Labor Department.
Why markets watch it
It's the Fed's own yardstick: the 2% inflation goal is measured with PCE.
IN HISTORICAL DATA
Latest PCE inflation: Thu, Oct 29, 2026
- Actual vs forecast
- Core +0.3% m/m vs not confirmed
- S&P 500
- -0.3%
- Nasdaq
- -1.4%
- Gold
- Spot -1.03% to $4,025.24
History, not a prediction. Every row lists its sources.
All PCE inflation →See it in the story
Connects to
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms