US PCE inflation held at 3.4% year-on-year in August 2026, unchanged from a downwardly revised July reading and below market expectations of 3.7%. Core PCE inflation, which excludes food and energy, also held steady at 3.0%. The PCE price index has remained above the Fed’s target since 2021. source: U.S. Bureau of Economic Analysis
PCE Price Index Annual Change in the United States remained unchanged at 3.40 percent in August. PCE Price Index Annual Change in the United States averaged 3.29 percent from 1960 until 2026, reaching an all time high of 11.60 percent in October of 1974 and a record low of -1.50 percent in July of 2009. This page includes a chart with historical data for the United States PCE Price Index Annual Change. United States PCE Price Index Annual Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
PCE Price Index Annual Change in the United States remained unchanged at 3.40 percent in August. PCE Price Index Annual Change in the United States is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States PCE Price Index Annual Change is projected to trend around 2.60 percent in 2027 and 2.40 percent in 2028, according to our econometric models.