US Core PCE Prices Rise 0.2% 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 0.4% from the previous month in January of 2026, the same pace as the 10-month high from the previous month. The rise was in line with market expectations. From the previous year, the core PCE price index rose by 3.1%, the highest in nearly two years, picking up from the 3% in the previous month and remaining sharply above the Federal Reserve's 2% target.

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 0.4% from the previous month in December of 2025. The rise surpassed market expectations of a softer 0.3% increase to reflect the sharpest increase since February, in line with the FOMC's warning that the disinflation process is slower than previously expected. From the previous year, the core PCE price index rose by 3%.

The core PCE price index in the US, which excludes volatile and energy prices and is Federal Reserve's chosen gauge of underlying inflation in the US economy, went up 0.2% from the previous month in August of 2025. It was the same as in July, in line with market expectations. From the previous year, the index rose by 2.9%.