Macro Dashboard
PCE Price Index
Monthly BEA inflation data built to separate noisy monthly prints from the stickier trend policymakers care about.
Coverage
Jan '19 – Jan '26
Latest published BEA data
Start with the headline trend for the broad signal, then use category breadth and goods vs services to judge whether inflation pressure is broadening or cooling. On mobile, tabs switch chart views and wide charts can pan horizontally.
MoM Change
+0.28%
Jan '26 — vs +0.23% 12-mo avg
Headline YoY
+2.8%
PCE Price Index, Jan '26
Core YoY
+3.1%
PCE excluding food & energy
Headline − Core
-0.2%
Food/energy pulling inflation down
Inflation Trend
Is inflation cooling, or just rotating?
The monthly print shows near-term momentum. Headline versus core shows whether food and energy are distorting the broader trend.
Monthly PCE Change
Month-over-month % change in headline PCE price index, seasonally adjusted
Latest
Jan '26 +0.28%
vs +0.24% 48-mo avg
Source: BEA Table U20304 (PCE Price Index), seasonally adjusted · Hover, focus, or tap for detail
Category Detail
Where price pressures are building across consumption.
A moderate headline number can mask extreme moves in individual categories. Housing and health care together account for a large share of PCE — their trajectory often determines whether inflation is accelerating or decelerating.
Fastest 3M Avg
Recreation Services
+0.90% avg MoM through Jan '26
Slowest 3M Avg
Gasoline & Energy
-0.35% avg MoM through Jan '26
Category Breakdown
Which PCE categories are rising or falling — latest month or trailing average
LATEST
+0.28% headline
Jan '26
Source: BEA Table U20304 (PCE Price Index), seasonally adjusted · Hover, focus, or tap for detail
Goods vs Services
The goods-services divergence shapes policy.
Goods inflation reacts faster to supply and commodity swings. Services inflation, tied more closely to wages and rents, is usually the slower-moving constraint for the Fed.
Goods YoY
+1.3%
All goods
Services YoY
+3.5%
All services
Goods vs Services Inflation
The goods-services divergence shapes monetary policy — services inflation is stickier and harder to bring down
Latest
Jan '26
2 series visible
Leader
Services
3.54%
Source: BEA Table U20304, seasonally adjusted · Hover or tap points for detail
Monthly Summary
The numbers behind the charts.
Raw data for each month — month-over-month change, year-over-year headline and core rates, the headline-core spread, and the underlying index level.
Monthly Summary
Recent PCE data at a glance
| Month | MoM % | YoY % | Core YoY % | Spread | Index |
|---|---|---|---|---|---|
| Jan '26 | +0.28% | +2.8% | +3.1% | -0.2% | 129.0 |
| Dec '25 | +0.36% | +2.9% | +3.0% | -0.1% | 128.6 |
| Nov '25 | +0.22% | +2.8% | +2.8% | -0.0% | 128.2 |
| Oct '25 | +0.19% | +2.7% | +2.8% | -0.0% | 127.9 |
| Sep '25 | +0.26% | +2.8% | +2.8% | -0.0% | 127.6 |
| Aug '25 | +0.26% | +2.7% | +2.9% | -0.2% | 127.3 |
| Jul '25 | +0.17% | +2.6% | +2.9% | -0.3% | 127.0 |
| Jun '25 | +0.29% | +2.6% | +2.8% | -0.2% | 126.7 |
| May '25 | +0.18% | +2.5% | +2.8% | -0.3% | 126.4 |
| Apr '25 | +0.17% | +2.3% | +2.6% | -0.3% | 126.2 |
| Mar '25 | +0.02% | +2.4% | +2.7% | -0.3% | 125.9 |
| Feb '25 | +0.40% | +2.7% | +3.0% | -0.3% | 125.9 |
| Jan '25 | +0.35% | +2.6% | +2.8% | -0.2% | 125.4 |
| Dec '24 | +0.27% | +2.7% | +3.0% | -0.3% | 125.0 |
| Nov '24 | +0.11% | +2.6% | +3.0% | -0.4% | 124.6 |
| Oct '24 | +0.27% | +2.5% | +3.0% | -0.5% | 124.5 |
| Sep '24 | +0.22% | +2.3% | +2.8% | -0.6% | 124.2 |
| Aug '24 | +0.12% | +2.4% | +2.9% | -0.5% | 123.9 |
| Jul '24 | +0.16% | +2.6% | +2.8% | -0.2% | 123.7 |
| Jun '24 | +0.15% | +2.5% | +2.8% | -0.2% | 123.5 |
| May '24 | +0.01% | +2.7% | +2.8% | -0.1% | 123.3 |
| Apr '24 | +0.25% | +2.8% | +3.0% | -0.2% | 123.3 |
| Mar '24 | +0.36% | +2.9% | +3.1% | -0.2% | 123.0 |
| Feb '24 | +0.30% | +2.7% | +3.1% | -0.4% | 122.6 |
Source: BEA Table U20304 (PCE Price Index), seasonally adjusted · Spread = Headline YoY minus Core YoY
Methodology & Sources
Data from BEA NIUnderlyingDetail Table U20304 — Price Indexes for Personal Consumption Expenditures by Major Type of Product. All indexes are Fisher chain-weighted with base year 2017=100, monthly, seasonally adjusted. Line items: PCE (1), Goods (2), Durable Goods (3), Nondurable Goods (8), Food & Beverages (9), Clothing & Footwear (10), Gasoline & Energy (11), Services (13), Housing & Utilities (15), Health Care (16), Transportation Services (17), Recreation Services (18), Food Services (19), Financial Services (20), Other Services (21), Core PCE (25), Energy (26). MoM% computed as (curr/prev − 1) × 100. YoY% computed as (curr/prev12 − 1) × 100. PCE data is released on the last business day of each month by the Bureau of Economic Analysis.