#PCEInflationWatch Let's dive into the latest PCE inflation updates.
Current PCE Inflation Rates
As of January 2025, the PCE inflation rate stands at 2.39% year-over-year, while the core PCE inflation rate is at 2.55%.¹ The monthly inflation rates for January 2025 are 0.21% for PCE and 0.23% for core PCE.
Recent Trends
Looking at the quarterly annualized percent change, we see that the PCE inflation rate for 2024:Q4 was 2.33%, while the core PCE inflation rate was 2.53%. For 2025:Q1, the projected PCE inflation rate is 2.74%, and the core PCE inflation rate is 2.45%.