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 127.28 in 2025-Q3, compared to 126.42 in 2025-Q2. This represents an increase of 0.68 percent.
Sample. This quarterly series has a total of 315 records. The period covered by the series goes from March 1947 to September 2025.
History. Take a look at a few summary statistics we calculated on the entire sample: the deflator recorded a bottom of 11.56 in March 1947; it peaked at 127.28 in September 2025; it had an average value of 53.53.
Latest values
| Date | Value - Index |
|---|---|
| 2025-03-31 | 125.751 |
| 2025-06-30 | 126.416 |
| 2025-09-30 | 127.284 |
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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 | 315 | 1947-03-31 | 2025-09-30 |
Main GDP components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Personal consumption expenditures (PCE) (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Gross private domestic investment (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Government consumption expenditures and gross investment (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
PCE components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Personal consumption expenditures (PCE): Goods (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Personal consumption expenditures (PCE): Goods: Durable goods (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Personal consumption expenditures (PCE): Goods: Nondurable goods (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Personal consumption expenditures (PCE): Services (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
Investment components
Net exports components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Exports (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Exports: Goods (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Exports: Services (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Imports (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Imports: Goods (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Imports: Services (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
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 | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Government consumption expenditures and gross investment: Federal: National defense (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Government consumption expenditures and gross investment: Federal: Nondefense (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Deflator for: Government consumption expenditures and gross investment: State and local (index; 2017 = 100) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |