Personal Consumption Expenditures

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Personal Consumption Expenditures

A measure of inflation in the United States that considers how much people spend on household goods and services, while also weighting for the relative demand for those particular goods and services. In addition to calculating raw changes in prices, PCE measures rises and declines in demand based on those price changes, which, in turn, may enhance or dampen the effects of inflation. The PCE is compiled by the U.S. Department of Commerce and has little effect on the market because its results are usually predictable. It is not as widely used as the Consumer Price Index, which does not consider changes in demand as they occur. See also: PCEPI.
References in periodicals archive ?
According to the latest Household Consumption Expenditures report released by the Turkish Statistics Institute (TurkStat) -- covering 2012-14 -- food expenditure constituted 26 percent of the total expenditure of households in Southeast Anatolia.
Household consumption expenditures increased by 2.6% year-on-year and general government consumption expenditures -- by 1.4%.
Household consumption expenditures increased by 1.8% on the year and general government consumption expenditures rose by 2.1%.
According to the "Household Consumption Expenditures, 2014" report released by the Turkish Statistics Institute (TurkStat) on Wednesday, Turkish households allocated the highest share of their income -- 24.8 percent -- to housing expenditures while the share of food and non-alcoholic beverages was 19.7 percent last year.
Household consumption expenditures declined by 0.1% on the year, while general government consumption expenditures rose by 1.9%.
Household consumption expenditures decreased 2.2% on the year, while general government consumption expenditures fell 0.5%.

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