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

Latest updates. In the United States, the deflator for goods consumption was 114.97 in 2025-Q2, versus 114.92 in 2025-Q1. This constitutes a gain of 0.04 percent.

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

History. Here are a few simple statistics we calculated on the entire sample: the deflator reached its highest level of 115.19 in September 2023; it hit a minimum of 22.69 in March 1947; it was equal on average to 67.77.

Latest values

Date Value - Index
2024-12-31 114.285
2025-03-31 114.915
2025-06-30 114.973

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Series Metadata

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

Series in the same data set: 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

Series in the same data set: 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

Series in the same data set: 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

Series in the same data set: 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

Series in the same data set: 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