PCE inflation

Change from a year earlier

Aug 2026

3.4%

Previous (Jul 2026): 3.4%
A year ago: 2.7%

Next release Thu, Oct 29, 8:30 AM ET

Last 5 years2.3% ~ 7.2%

Nov 2021Aug 2026

What it is

The personal consumption expenditures price index from the Bureau of Economic Analysis. It covers a broader basket than CPI.

Why it matters

This is the measure behind the Fed's 2% inflation target.

Recent readings

Aug 20263.4%
Jul 20263.4%
Jun 20263.5%
May 20263.8%
Apr 20263.6%
Mar 20263.4%
Feb 20262.8%
Jan 20262.7%
Dec 20252.8%
Nov 20252.7%
Oct 20252.7%
Sep 20252.8%

CPI inflation 3.7%Core CPI inflation 2.6%Core PCE inflation 3.0%PPI (final demand) 6.3%

Source: BEA · Figures are official statistics as published on FRED (St. Louis Fed) and the Bank of Korea's ECOS; year-over-year and month-over-month changes are calculated from them. Data can be revised.