Personal Consumption Expenditures

The Personal Consumption Expenditures (PCE) Price Index is a measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. It's produced by the Bureau of Economic Analysis (BEA) and is one of the key inflation indicators monitored by the Federal Reserve (Fed) for monetary policy decisions. Source: Data retrieved from FRED, Federal Reserve Bank of St. Louis.