FX.co ★ US PCE Prices Seen Up 0.1%; Yearly Rate to Decelerate

The US Personal Consumption Expenditures (PCE) price index is anticipated to increase by 0.1% month-over-month in April 2025, following a stable performance in March. The core PCE index, which removes the influence of volatile food and energy prices, is likewise expected to see a 0.1% rise after remaining stagnant the previous month. Year-over-year, headline PCE inflation is forecasted to ease for the second month in a row, settling at 2.2%, the lowest rate in seven months, down from 2.3% in March. Similarly, core PCE inflation is projected to decline to 2.5%, marking its lowest point since March 2021, from the previous 2.6%. The PCE index remains the Federal Reserve’s preferred measure for gauging inflation.