Personal Consumption Expenditures Prices (QoQ)
Actual
4.2%
Previous
7.3%
Forecast
7.9%
Personal Consumption Expenditures, released by US Department of Commerce, measures price changes in consumer goods and services. Personal consumption expenditures consist of the actual and imputed expenditures of households; the measure includes data pertaining to durables, non-durables and services. It is essentially a measure of goods and services targeted toward individuals and consumed by individuals.