Deflator for: Personal consumption expenditures (PCE) (index; 2017 = 100) - United States - BEA - Quarterly
This series is part of the dataset: Deflators for US GDP and its components
Download Full Dataset (.xlsx)Latest updates. In the United States, the deflator for personal consumption expenditures was 126.42 in 2025-Q2, compared to 125.75 in 2025-Q1. This marks a gain of 0.53 percent.
Sample. In the quarterly series shown in the figure, there are 314 observations. The time span covered by the series extends from March 1947 to June 2025.
History. Here's a snapshot of a few summary statistics calculated on the full sample: the deflator averaged 53.29; it reached its lowest level of 11.56 in March 1947; it hit a peak of 126.42 in June 2025.
Latest values
| Date | Value - Index |
|---|---|
| 2024-12-31 | 124.695 |
| 2025-03-31 | 125.751 |
| 2025-06-30 | 126.416 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Deflator for: Personal consumption expenditures (PCE) |
| Country | United States |
| Economic concept | Deflator |
| Data type | Price deflator |
| Seasonally adjusted | Yes |
| Rescaling | Index (2017 = 100) |
| Frequency | Quarterly |
| Unit | Index |
| Source | Bureau of Economic Analysis (BEA) |
| Source type | National statistical agency |
| Data licence | Open Data |
| Measure type | Level |
Series in the same data set
Discover the other time series included in this data set.
GDP
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Gross domestic product (GDP) (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
Main GDP components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Personal consumption expenditures (PCE) (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Gross private domestic investment (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Government consumption expenditures and gross investment (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
PCE components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Personal consumption expenditures (PCE): Goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Personal consumption expenditures (PCE): Goods: Durable goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Personal consumption expenditures (PCE): Goods: Nondurable goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Personal consumption expenditures (PCE): Services (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
Investment components
Net exports components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Exports (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Exports: Goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Exports: Services (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Imports (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Imports: Goods (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Imports: Services (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
Government spending components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Government consumption expenditures and gross investment: Federal (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Government consumption expenditures and gross investment: Federal: National defense (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Government consumption expenditures and gross investment: Federal: Nondefense (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |
| Deflator for: Government consumption expenditures and gross investment: State and local (index; 2017 = 100) - United States - BEA - Quarterly | 314 | 1947-03-31 | 2025-06-30 |