Forex Fundamentals
US Core PCE Price Index

US Core PCE Price Index 24 February 2023

US Core PCE Price Index 24 February 2023: 4.7% for January 2023, above the 4.3% forecast and against 4.6% in December 2022 (first reported as 4.4%). 4 of the last 12 releases came in above the forecast. It was released on Fri 24 Feb 2023 at 13:30 UTC (8:30 AM ET).

These figures were verified on 4 Oct 2026 from the source: U.S. Bureau of Economic Analysis. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
4.7%
January 2023
Forecast
4.3%
The market consensus
Previous
4.6%
As the source gives it

What a print like this usually does

Above the forecast: An upside surprise usually supports the dollar through higher expected Fed rates.

US Core PCE Price Index 24 February 2023: 4.7% for January 2023 against a 4.3% forecast, with the last 12 releases
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US Core PCE Price Index 24 February 2023: 4.7% vs 4.3% forecast (U.S. Bureau of Economic Analysis). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-core-pce/2023-02-24

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
24 Feb 2023Jan4.7%4.3%4.6%
27 Jan 2023Dec4.4%4.4%4.7%
23 Dec 2022Nov4.7%4.7%5%
1 Dec 2022Oct5%5%5.2%
28 Oct 2022Sep5.1%5.2%4.9%
26 Aug 2022Jul4.6%4.7%4.8%
29 Jul 2022Jun4.8%4.7%4.7%
27 May 2022Apr4.9%4.9%5.2%
29 Apr 2022Mar5.2%5.3%5.3%
31 Mar 2022Feb5.4%5.5%5.2%
25 Feb 2022Jan5.2%5.1%4.9%
28 Jan 2022Dec4.9%4.8%4.7%
The release before:US Core PCE Price Index 27 January 2023The release after:US Core PCE Price Index 31 March 2023US Core PCE Price Index: every recent resultThis week’s economic calendar