US Core PCE Prices Rise in Line with Forecasts

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 February of 2026, sustaining the 10-month high recorded over the previous two months. Figures came in line with the market consensus. From the previous year, the core PCE price index rose by 3%, down from 3.1% in the prior month and remaining well 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 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%.