The US core PCE price index, the Federal Reserve’s preferred measure of underlying inflation, increased 0.2% month-on-month in August 2026, coming in below the 0.3% rise expected by markets. The latest reading followed a downward revision to July’s figure, with the monthly increase now estimated at 0.1%, compared with the previously reported 0.2%. On an annual basis, core PCE inflation rose 3.0% in August, also undershooting expectations of 3.3%. Despite the softer-than-anticipated monthly and yearly readings, underlying price pressures remain above the Federal Reserve’s 2% inflation target. The data therefore provided some evidence of moderation in inflation, although the annual rate indicates that price growth has not yet returned to the central bank’s objective. source: U.S. Bureau of Economic Analysis

Core PCE Price Index MoM in the United States increased to 0.20 percent in August from 0.10 percent in July of 2026. Core PCE Price Index MoM in the United States averaged 0.26 percent from 1959 until 2026, reaching an all time high of 1.00 percent in May of 1974 and a record low of -0.60 percent in September of 2001. This page includes a chart with historical data for the United States Core Pce Price Index MoM. United States Core PCE Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Core PCE Price Index MoM in the United States increased to 0.20 percent in August from 0.10 percent in July of 2026. Core PCE Price Index MoM in the United States is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core PCE Price Index MoM is projected to trend around 0.20 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-26 12:30 PM
Core PCE Price Index MoM
Jul 0.2% 0.1% 0.2% 0.3%
2026-09-30 12:30 PM
Core PCE Price Index MoM
Aug 0.2% 0.1% 0.3% 0.3%
2026-10-29 12:30 PM
Core PCE Price Index MoM
Sep 0.2% 0.2%


Related Last Previous Unit Reference
Core PCE Price Index 130.46 130.13 points Aug 2026
Core PCE Price Index YoY 3.00 3.00 percent Aug 2026
Core PCE Price Index MoM 0.20 0.10 percent Aug 2026
Core PCE Prices QoQ 3.30 3.90 percent Jun 2026
GDP Price Index 133.41 131.44 points Jun 2026
PCE Price Index 131.58 131.17 points Aug 2026
PCE Price Index YoY 3.40 3.40 percent Aug 2026
PCE Price Index MoM 0.30 0.10 percent Aug 2026
PCE Prices QoQ 5.00 4.20 percent Jun 2026
Real Personal Spending MoM 0.60 0.10 percent Aug 2026


United States Core PCE Price Index MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.10 1.00 -0.60 1959 - 2026 percent Monthly
2017=100; SA

News Stream
US Core PCE Prices Rise Less than Expected
The US core PCE price index, the Federal Reserve’s preferred measure of underlying inflation, increased 0.2% month-on-month in August 2026, coming in below the 0.3% rise expected by markets. The latest reading followed a downward revision to July’s figure, with the monthly increase now estimated at 0.1%, compared with the previously reported 0.2%. On an annual basis, core PCE inflation rose 3.0% in August, also undershooting expectations of 3.3%. Despite the softer-than-anticipated monthly and yearly readings, underlying price pressures remain above the Federal Reserve’s 2% inflation target. The data therefore provided some evidence of moderation in inflation, although the annual rate indicates that price growth has not yet returned to the central bank’s objective.
2026-09-30
US Core PCE Prices Rise 0.3% in May as Expected
The core PCE price index in the US, which is the Federal Reserve's preferred gauge of underlying inflation in the US economy, rose by 0.3% from the previous month in May 2026, the same as an upwardly revised 0.3% in April and in line with market forecasts. From the previous year, the core PCE price index rose by an expected 3.4%, the highest since October 2023 and well above the Federal Reserve's 2% target.
2026-06-25
US Core PCE Prices Rise Less than Expected
The core PCE price index in the US, which is the Federal Reserve's preferred gauge of underlying inflation in the US economy, rose by 0.2% from the previous month in April 2026, following a 0.3% increase in March, below market forecasts of 0.3%. From the previous year, the core PCE price index rose by an expected 3.3%, up from 3.2% in the prior month, remaining well above the Federal Reserve's 2% target.
2026-05-28