US Core PCE Prices Rise 0.3% in March as Forecast

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 March 2026, following a 0.4% increase in February, in line with market forecasts. From the previous year, the core PCE price index rose by an expected 3.2%, up from 3% in the prior month, 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 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.