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Growth rate previous period, Monthly, Seasonally Adjusted
AUSODCNPI03GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.80
Year-over-Year Change
15.16%
Date Range
2/1/1955 - 5/1/2025
Summary
This economic indicator measures the month-over-month growth rate of the Personal Consumption Expenditures (PCE) Price Index, a key gauge of inflation in the United States.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The PCE Price Index tracks changes in the prices of consumer goods and services and is a crucial metric for the Federal Reserve in setting monetary policy. This seasonally adjusted growth rate provides insight into the pace of price changes over time.
Methodology
The data is calculated based on monthly surveys of consumer expenditures conducted by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and market analysts closely monitor this inflation indicator to assess economic conditions and inform policy decisions.
Key Facts
- The PCE Price Index is the Federal Reserve's preferred measure of inflation.
- This growth rate data is released monthly by the U.S. Bureau of Economic Analysis.
- Tracking changes in the PCE Price Index helps the Fed evaluate the effectiveness of its monetary policies.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the month-over-month growth rate of the Personal Consumption Expenditures (PCE) Price Index, which tracks changes in consumer prices.
Q: Why is this trend relevant for users or analysts?
A: The PCE Price Index growth rate is a crucial metric for the Federal Reserve in setting monetary policy to maintain price stability and support economic growth.
Q: How is this data collected or calculated?
A: The data is calculated based on monthly surveys of consumer expenditures conducted by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this inflation indicator to assess economic conditions and inform policy decisions, particularly by the Federal Reserve.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Economic Analysis, with a short lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (AUSODCNPI03GPSAM), retrieved from FRED.