PCE Price Index
The Federal Reserve's preferred inflation measure, tracking prices of goods and services consumed by individuals. The current value of 129.0 is near the high end of its 10-year range, based on available data over the past 10 years. (Source: FRED)
Current Value
129.0
Previous
129.0
Source: FRED (PCEPI) | Frequency: monthly | Last updated: April 4, 2026
What This Means for You
The PCE Price Index is currently at 129.0. Changes in this indicator can affect related areas of the economy including consumer spending, business investment, and policy decisions. (Source: FRED)
10-Year History
Historical Context
Over the past 10 years, the PCE Price Index has ranged from a low of 98.2 in May 2016 to a high of 129.0 in January 2026, with an average of approximately 111.1. The current value of 129.0 is near the high end of its 10-year range. (Source: FRED via FRED)
Related Inflation Indicators
The PCE Price Index is part of the inflation category. Related indicators include: 10-Year Breakeven Inflation Rate (currently 2.36%), Consumer Price Index (CPI) (currently 327.5), Core CPI (Excluding Food & Energy) (currently 333.5), Core PCE Price Index (currently 128.4). CPI and PCE both measure price changes but differ in methodology. The Fed targets 2% annual PCE inflation (not CPI) when setting policy. Core measures (excluding food and energy) help reveal underlying inflation trends by removing volatile components. The 10-year breakeven inflation rate shows what bond markets expect inflation to average, providing a forward-looking perspective compared to CPI and PCE which measure past prices. (Source: Bureau of Labor Statistics, Federal Reserve)
What to Watch
Economists and analysts monitor the PCE Price Index for trend changes that may signal shifts in economic conditions. This data is released monthly and is subject to revision. Changes in this indicator can ripple through related areas of the economy. Historical patterns do not guarantee future outcomes. (Source: FRED)
Limitations of This Data
This data is released monthly and reflects conditions as of the most recent reporting period. Economic data is frequently revised as more complete information becomes available; initial releases may differ significantly from final figures. This indicator measures one dimension of the economy and should be considered alongside other data for a more complete picture. (Source: FRED)
Explore Further
Data Sources
EconGrader is not an investment advisor or financial advisor. This content is for educational and informational purposes only. Economic data reflects past and present conditions and does not predict future outcomes. All data is sourced from federal government agencies and updated automatically. This site does not provide investment, tax, legal, or accounting advice.