Personal Consumption Expenditures Excluding Food and Energy ChainType Price Index

The Personal Consumption Expenditures Excluding Food and Energy Chain-Type Price Index (PCE) is a key economic indicator that measures the average change over time in the prices paid by consumers for goods and services, excluding the often volatile categories of food and energy. This index is crucial for understanding inflation trends, as it reflects consumer spending patterns and helps policymakers gauge the effectiveness of economic policies. By focusing on core expenditures, the PCE provides a clearer picture of underlying inflationary pressures, making it a vital tool for economists and analysts. Tracking this index allows businesses and individuals to make informed decisions based on anticipated price changes, ultimately influencing economic stability and growth. Understanding the PCE can enhance your grasp of economic health and consumer behavior, making it an essential concept in the study of economics.

To use the graph, hover your cursor over the red line to display the date and value. Notice the map control in the upper right corner when you hover your cursor over the graph. These controls enable you to zoom in, zoom out, pan in any direction, or download the graph image to your device.