PCE Price Index by Country
Latest released PCE Price Index value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/pce. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
United States
USD · US Dollar
|
3.5
31 Mar 2026
|
2.8
28 Feb 2026
|
▲ +0.7 | 31 Mar 2026 | Monthly | %YoY | BEA |
What is PCE Price Index?
The Personal Consumption Expenditures (PCE) Price Index is the Federal Reserve's preferred inflation gauge. Unlike CPI, PCE uses a chain-weighted basket that updates as consumers substitute between goods, and it covers a broader set of expenditures including healthcare paid by employers and government programs.
Why it matters for FX
Because the Fed targets 2 percent PCE inflation explicitly, PCE (and especially core PCE) is the single most-important inflation print for USD pricing of the Fed path. Surprises in PCE move front-end Treasuries and DXY more than the equivalent CPI surprise once the FOMC cycle is mature.
How to read this page
Watch year-over-year headline and core. Core PCE (ex food and energy) is the cleaner trend signal. Compare to the Fed's 2 percent target and to the CPI print released two weeks earlier.
What to watch for
- Core PCE versus the 2 percent Fed target
- Three-month and six-month annualised core PCE
- Supercore (core services ex housing) for sticky inflation
- Revisions to prior months in the monthly release
- Divergence between PCE and CPI methodologies