Core Personal Consumption Expenditures (QoQ)

The Real Personal Consumption Expenditure released by the Bureau of Economic Analysis, Department of Commerce is an average of the amount of money the consumers spend in a month on durable goods, consumer products, and services.. It is considered as an important indicator of inflation. Generally speaking, a high reading is bullish for the USD, while a low reading is bearish.

Most recent - Thursday 27 June 2024 12:30

Previous
3.6%
Revised
-
Forecast
3.6%
Actual
3.7%

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Next event - Thursday 25 July 2024 12:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Core Personal Consumption Expenditures (QoQ) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Core Personal Consumption Expenditures (QoQ) was 3.7% against a forecast of 3.6%.

Past events

Date
Forecast
Actual
Thursday 27 June 2024 12:30
3.6%
3.7%
Thursday 30 May 2024 12:30
3.7%
3.6%
Thursday 25 April 2024 12:30
3.4%
3.7%
Thursday 28 March 2024 12:30
2.1%
2%
Wednesday 28 February 2024 13:30
2%
2.1%
Thursday 25 January 2024 13:30
2%
2%
Thursday 21 December 2023 13:30
2.3%
2%
Wednesday 29 November 2023 13:30
2.4%
2.3%
Thursday 26 October 2023 12:30
2.5%
2.4%
Thursday 28 September 2023 12:30
3.7%
3.7%
Wednesday 30 August 2023 12:30
3.8%
3.7%
Thursday 27 July 2023 12:30
4%
3.8%
Thursday 29 June 2023 12:30
5%
4.9%
Thursday 25 May 2023 12:30
4.9%
5%
Thursday 27 April 2023 12:30
4.8%
4.9%
Thursday 30 March 2023 12:30
4.3%
4.4%
Thursday 23 February 2023 13:30
3.9%
4.3%
Thursday 26 January 2023 13:30
5.3%
3.9%
Thursday 22 December 2022 13:30
4.6%
4.7%
Wednesday 30 November 2022 13:30
4.5%
4.6%
Thursday 27 October 2022 12:30
4.5%
4.5%
Thursday 29 September 2022 12:30
4.4%
4.7%
Thursday 25 August 2022 12:30
4.4%
4.4%
Thursday 28 July 2022 12:30
4.5%
4.4%
Wednesday 29 June 2022 12:30
5.1%
5.2%
Thursday 26 May 2022 12:30
5.2%
5.1%
Thursday 28 April 2022 12:30
5.4%
5.2%
Wednesday 30 March 2022 12:30
5%
5%
Thursday 24 February 2022 13:30
4.9%
5%
Thursday 27 January 2022 13:30
4.9%
4.9%
Wednesday 22 December 2021 13:30
4.5%
4.6%
Wednesday 24 November 2021 13:30
4.5%
4.5%
Thursday 28 October 2021 12:30
4.5%
4.5%
Thursday 30 September 2021 12:30
6.1%
6.1%
Thursday 26 August 2021 12:30
6.1%
6.1%
Thursday 29 July 2021 12:30
5.9%
6.1%

Economic context

Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next Core Personal Consumption Expenditures (QoQ) result:

PreviousLatest
Pending Home Sales (MoM)Bullish change-7.7%-2.1%
Durable Goods OrdersBearish change0.6%0.1%
Durable Goods Orders ex DefenseBearish change0%-0.2%
Durable Goods Orders ex TransportationBearish change0.4%-0.1%
Gross Domestic Product AnnualizedBullish change1.3%1.4%
Gross Domestic Product Price Index(no change)3.1%3.1%
Initial Jobless ClaimsBullish change238K233K
Nondefense Capital Goods Orders ex AircraftBearish change0.2%-0.6%
Personal Consumption Expenditures Prices (QoQ)Bullish change3.3%3.4%
New Home Sales Change (MoM)Bearish change2%-11.3%
Housing Price Index (MoM)Bullish change0%0.2%
Existing Home Sales Change (MoM)Bullish change-1.9%-0.7%
S&P Global Composite PMIBullish change54.554.6
S&P Global Manufacturing PMIBullish change51.351.7
S&P Global Services PMIBullish change54.855.1
Building Permits (MoM)Bearish change1.44M1.386M
Housing Starts (MoM)Bearish change1.352M1.277M
Initial Jobless ClaimsBullish change243K238K
Philadelphia Fed Manufacturing SurveyBearish change4.51.3
Industrial Production (MoM)Bullish change0%0.9%
Retail Sales (MoM)Bullish change-0.2%0.1%
Retail Sales Control GroupBullish change-0.5%0.4%
Retail Sales ex Autos (MoM)(no change)-0.1%-0.1%
NY Empire State Manufacturing IndexBullish change-15.6-6
Michigan Consumer Sentiment IndexBearish change69.165.6
UoM 5-year Consumer Inflation ExpectationBullish change3%3.1%

About Core Personal Consumption Expenditures (QoQ)

Country:United States
Currency:USD
Source:US Bureau of Economic Analysis
Category:Consumption
Frequency:Quarterly
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