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Deflator for: Personal consumption expenditures (PCE): Services (index; 2017 = 100) - United States - BEA - Quarterly

Latest updates. In the United States, the deflator for services consumption stood at 132.06 in 2025-Q2, compared to 131.09 in 2025-Q1. This represents a rise of 0.74 percent.

Sample. There are 314 data points in the quarterly time series presented in the plot above. The time period covered by the series stretches from March 1947 to June 2025.

History. Here's a snapshot of a few summary statistics calculated on the whole sample: the deflator recorded its maximum of 132.06 in June 2025; it reached a trough of 7.03 in March 1947; it averaged 47.45.

Latest values

Date Value - Index
2024-12-31 129.811
2025-03-31 131.086
2025-06-30 132.064

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Series Metadata

Field Value
Description Deflator for: Personal consumption expenditures (PCE): Services
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

Series Name Observations Start Date End Date
Deflator for: Gross private domestic investment: Fixed investment (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Nonresidential (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Nonresidential: Structures (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Nonresidential: Equipment (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Nonresidential: Intellectual property products (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Deflator for: Gross private domestic investment: Fixed investment: Residential (index; 2017 = 100) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

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