Forex Fundamentals
US PCE Price Index

US PCE Price Index 22 December 2023

US PCE Price Index 22 December 2023: 2.6% for November 2023, below the 2.8% forecast and against 2.9% in September 2023 (first reported as 3.4%). It is the lowest of the last 12 releases. Printed 2.6%, above the 2% target. It was released on Fri 22 Dec 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
2.6%
November 2023
Forecast
2.8%
The market consensus
Previous
2.9%
As the source gives it

What a print like this usually does

Below the forecast: The dollar can soften as the annual trend appears closer to target and rate cuts look more plausible.

US PCE Price Index 22 December 2023: 2.6% for November 2023 against a 2.8% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

US PCE Price Index 22 December 2023: 2.6% vs 2.8% forecast (U.S. Bureau of Economic Analysis). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-pce/2023-12-22

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
22 Dec 2023Nov2.6%2.8%2.9%
27 Oct 2023Sep3.4%3.4%3.4%
29 Sep 2023Aug3.5%3.5%3.4%
28 Jul 2023Jun3%3%3.8%
26 May 2023Apr4.4%—4.2%
28 Apr 2023Mar4.2%—5.1%
31 Mar 2023Feb5%—5.3%
24 Feb 2023Jan5.4%—5.3%
27 Jan 2023Dec5%—5.5%
23 Dec 2022Nov5.5%—6.1%
1 Dec 2022Oct6%—6.3%
28 Oct 2022Sep6.2%—6.2%
The release before:US PCE Price Index 27 October 2023The release after:US PCE Price Index 26 January 2024US PCE Price Index: every recent resultThis week’s economic calendar