Inflation, CPI & Purchasing Power · U.S. Bureau of Economic Analysis (BEA)
U.S. PCE Price Index & Inflation Rate by Year (1960-2025)
The Personal Consumption Expenditures (PCE) price index, compiled by the Bureau of Economic Analysis, is the Federal Reserve's preferred gauge for its 2.0% long-run inflation target. In 2025, pce inflation rate recorded 2.59% YoY, compared with 2.62 in 2024. Across the 66-year archive (1960-2025), readings have ranged between -0.28 (2009) and 10.77 (1980).
Series Summary Ledger
- 2025 Reading2.59
- 2024 Reading2.62
- All-Time High (1980)10.77
- All-Time Low (2009)-0.28
- Reporting Unit% YoY
- Series CodePCEPI
U.S. Bureau of Economic Analysis (BEA) · 1960-2025
U.S. PCE Price Index & Inflation Rate by Year (1960-2025)
2025 Reading: 2.59 % YoY
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DECADE BENCHMARKS (1950s-2020s)
PCE Inflation Rate by Decade
| Decade | Mean | Min | Max |
|---|---|---|---|
| 1960s | 2.14 | 1.04 | 4.51 |
| 1970s | 6.43 | 3.41 | 10.41 |
| 1980s | 5.03 | 2.18 | 10.77 |
| 1990s | 2.32 | 0.80 | 4.39 |
| 2000s | 2.14 | -0.28 | 2.96 |
| 2010s | 1.53 | 0.18 | 2.53 |
| 2020s | 3.46 | 1.12 | 6.56 |
PCE Inflation Rate Year-by-Year Historical Table (1960-2025)
Source: U.S. Bureau of Economic Analysis (BEA) (PCEPI)| Year | PCE Inflation Rate (% YoY) | Annual Change | PCE Chain-Type Index (2017=100) |
|---|---|---|---|
| 2025 | 2.59 | -0.03 | 126.87 |
| 2024 | 2.62 | -1.23 | 123.66 |
| 2023 | 3.85 | -2.71 | 120.51 |
| 2022 | 6.56 | +2.52 | 116.04 |
| 2021 | 4.04 | +2.92 | 108.90 |
| 2020 | 1.12 | -0.31 | 104.67 |
| 2019 | 1.43 | -0.61 | 103.51 |
| 2018 | 2.05 | +0.30 | 102.05 |
| 2017 | 1.75 | +0.73 | 100.00 |
| 2016 | 1.01 | +0.83 | 98.28 |
| 2015 | 0.18 | -1.22 | 97.30 |
| 2014 | 1.40 | +0.08 | 97.12 |
| 2013 | 1.32 | -0.55 | 95.78 |
| 2012 | 1.86 | -0.67 | 94.53 |
| 2011 | 2.53 | +0.74 | 92.80 |
| 2010 | 1.79 | +2.07 | 90.51 |
| 2009 | -0.28 | -3.24 | 88.92 |
| 2008 | 2.96 | +0.39 | 89.17 |
| 2007 | 2.57 | -0.25 | 86.61 |
| 2006 | 2.82 | -0.07 | 84.44 |
| 2005 | 2.88 | +0.40 | 82.13 |
| 2004 | 2.48 | +0.38 | 79.83 |
| 2003 | 2.10 | +0.79 | 77.89 |
| 2002 | 1.31 | -0.69 | 76.29 |
| 2001 | 2.00 | -0.52 | 75.30 |
| 2000 | 2.53 | +1.07 | 73.82 |
| 1999 | 1.46 | +0.66 | 72.00 |
| 1998 | 0.80 | -0.94 | 70.97 |
| 1997 | 1.74 | -0.40 | 70.41 |
| 1996 | 2.14 | +0.03 | 69.20 |
| 1995 | 2.11 | +0.02 | 67.75 |
| 1994 | 2.09 | -0.40 | 66.36 |
| 1993 | 2.49 | -0.17 | 65.00 |
| 1992 | 2.67 | -0.68 | 63.42 |
| 1991 | 3.34 | -1.05 | 61.77 |
| 1990 | 4.39 | +0.02 | 59.78 |
| 1989 | 4.37 | +0.46 | 57.26 |
| 1988 | 3.91 | +0.82 | 54.87 |
| 1987 | 3.09 | +0.91 | 52.80 |
| 1986 | 2.18 | -1.31 | 51.22 |
| 1985 | 3.49 | -0.29 | 50.13 |
| 1984 | 3.78 | -0.48 | 48.44 |
| 1983 | 4.25 | -1.30 | 46.68 |
| 1982 | 5.55 | -3.40 | 44.77 |
| 1981 | 8.96 | -1.81 | 42.42 |
| 1980 | 10.77 | +1.88 | 38.93 |
| 1979 | 8.88 | +1.93 | 35.14 |
| 1978 | 6.96 | +0.45 | 32.28 |
| 1977 | 6.50 | +1.02 | 30.18 |
| 1976 | 5.49 | -2.85 | 28.33 |
| 1975 | 8.34 | -2.07 | 26.86 |
| 1974 | 10.41 | +5.03 | 24.79 |
| 1973 | 5.38 | +1.97 | 22.46 |
| 1972 | 3.41 | -0.83 | 21.31 |
| 1971 | 4.25 | -0.43 | 20.61 |
| 1970 | 4.67 | +0.17 | 19.77 |
| 1969 | 4.51 | +0.59 | 18.88 |
| 1968 | 3.91 | +1.40 | 18.07 |
| 1967 | 2.51 | -0.01 | 17.39 |
| 1966 | 2.53 | +1.09 | 16.96 |
| 1965 | 1.44 | -0.01 | 16.54 |
| 1964 | 1.45 | +0.25 | 16.31 |
| 1963 | 1.20 | +0.02 | 16.08 |
| 1962 | 1.17 | +0.14 | 15.89 |
| 1961 | 1.04 | -0.60 | 15.70 |
| 1960 | 1.64 | - | 15.54 |
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