Deflator for: Personal consumption expenditures (PCE): Services (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 services consumption was 134.25 in 2025-Q4, compared to 133.15 in 2025-Q3. This represents a rise of 0.83 percent.
Sample. There are 316 data points overall in the quarterly series displayed in the graph above. The time span covered by the series stretches from March 1947 to December 2025.
History. Here's a snapshot of some statistics calculated on the entire sample: the deflator was equal on average to 48.00; it attained a maximum of 134.25 in December 2025; it hit a trough of 7.03 in March 1947.
Latest values
| Date | Value - Index |
|---|---|
| 2025-06-30 | 132.064 |
| 2025-09-30 | 133.145 |
| 2025-12-31 | 134.245 |
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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 | 316 | 1947-03-31 | 2025-12-31 |
Main GDP components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Personal consumption expenditures (PCE) (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Gross private domestic investment (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Government consumption expenditures and gross investment (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
PCE components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Personal consumption expenditures (PCE): Goods (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Personal consumption expenditures (PCE): Goods: Durable goods (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Personal consumption expenditures (PCE): Goods: Nondurable goods (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Personal consumption expenditures (PCE): Services (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
Investment components
Net exports components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Deflator for: Exports (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Exports: Goods (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Exports: Services (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Imports (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Imports: Goods (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Imports: Services (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
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 | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Government consumption expenditures and gross investment: Federal: National defense (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Government consumption expenditures and gross investment: Federal: Nondefense (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |
| Deflator for: Government consumption expenditures and gross investment: State and local (index; 2017 = 100) - United States - BEA - Quarterly | 316 | 1947-03-31 | 2025-12-31 |