BEA Account Code: DPCERG The Personal Consumption Expenditures Price Index is a measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. The change in the PCE price index is known for capturing inflation (or deflation) across a wide range of consumer expenses and reflecting changes in consumer behavior. For example, if the price of beef rises, shoppers may buy less beef and more chicken. The PCE Price Index is produced by the Bureau of Economic Analysis (BEA), which revises previously published PCE data to reflect updated information or new methodology, providing consistency across decades of data that's valuable for researchers. They also offer the series as a Chain-Type index, as above. The PCE price index is used primarily for macroeconomic analysis and forecasting. The PCE Price index is the Federal Reserve’s preferred measure of inflation. The PCE Price Index is similar to the Bureau of Labor Statistics' consumer price index for urban consumers. The two indexes, which have their own purposes and uses, are constructed differently, resulting in different inflation rates. For more information on the PCE price index, see: U.S. Bureau of Economic Analysis, Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/national/pdf/nipaguid.pdf) U.S. Bureau of Economic Analysis, Personal Consumption Expenditures Price Index (https://www.bea.gov/data/personal-consumption-expenditures-price-index) U.S. Bureau of Economic Analysis, Prices & Inflation (https://www.bea.gov/resources/learning-center/what-to-know-prices-inflation) U.S. Bureau of Labor Statistics, Differences between the Consumer Price Index and the Personal Consumption Expenditure Price Index (https://www.bls.gov/opub/btn/archive/differences-between-the-consumer-price-index-and-the-personal-consumption-expenditures-price-index.pdf)
On April 26, 2006, The Employment Cost Index converted to the 2002 North American Industry Classification System (NAICS) and the 2000 Standard Occupational Classification System (SOC). In addition, several computational changes were introduced, including rebasing all series to December 2005=100 from June 1989=100, the introduction of new employment weights and seasonal adjustment factors. For more detailed information on NAICS and SOC, including background and definitions, please see the Bureau of Labor Statistics (BLS) websites: https://www.bls.gov/bls/naics.htm (https://www.bls.gov/bls/naics.htm) and http://www.bls.gov/soc/home.htm (http://www.bls.gov/soc/home.htm).
BEA Account Code: IA001176 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).
This series was discontinued following the October 12, 2023 release. The Federal Reserve Bank of New York recommends using the Multivariate Core Trend Inflation (https://www.newyorkfed.org/research/policy/mct#--:overview).
BEA Account Code: PQ001260 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).
OECD Data Filters: REF_AREA: USA MEASURE: CPI UNIT_MEASURE: IX METHODOLOGY: N EXPENDITURE: _TXCP01_NRG ADJUSTMENT: S TRANSFORMATION: _Z FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).
The term "utility (piped) gas service" refers to natural gas.
OECD Data Filters: REF_AREA: AUS MEASURE: CPI UNIT_MEASURE: IX METHODOLOGY: N EXPENDITURE: _T ADJUSTMENT: S TRANSFORMATION: _Z FREQ: Q All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).
OECD Data Filters: REF_AREA: DEU MEASURE: CPI UNIT_MEASURE: IX METHODOLOGY: N EXPENDITURE: _T ADJUSTMENT: S TRANSFORMATION: _Z FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).
BEA Account Code: DPCCRGM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)
BEA Account Code: A001RD The number of decimal places reported varies over time. A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)
Handbook of Methods - (https://www.bls.gov/opub/hom/pdf/cpihom.pdf) Understanding the CPI: Frequently Asked Questions - (http://stats.bls.gov:80/cpi/cpifaq.htm)
OECD Data Filters: REF_AREA: CAN MEASURE: CPI UNIT_MEASURE: IX METHODOLOGY: N EXPENDITURE: _T ADJUSTMENT: S TRANSFORMATION: _Z FREQ: M All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).