PCE prices rose 0.2% in November; core PCE 2.8% from a year earlier
The Bureau of Economic Analysis said the PCE price index rose 0.2% in November 2025 and was up 2.8% from a year earlier. The core index, the Federal Reserve's preferred inflation gauge, rose 0.2% on the month and 2.8% on the year.
- PCE price index rose 0.2% in November; 2.8% from a year earlier
- Core PCE price index rose 0.2% in November; 2.8% from a year earlier
- Real consumer spending rose 0.3% in November
- Computed from the seasonally adjusted indexes as published on the release date (ALFRED vintage)
SPX around the story · hourly24 h reaction ▲ 0.24%
Source
Bureau of Economic AnalysisJan 22, 2026, 10:00 AM ET