The US PCE price index rose 0.4% month-over-month, matching expectations and accelerating from January’s 0.3% increase. It was the steepest monthly increase in PCE prices in a year as goods prices jumped 0.7%, reversing January’s stagnation, driven by higher costs in motor vehicles and parts, recreational goods, gasoline, clothing, and food. Meanwhile, services inflation slowed to 0.2%, down from 0.4%, as healthcare, financial services, and recreational services cooled. The core PCE index, excluding food and energy, also climbed 0.4% after a 0.3% gain in January. Annually, the headline PCE index reached 2.8%, while the core index held at 3.0%. source: U.S. Bureau of Economic Analysis

PCE Price Index Monthly Change in the United States increased to 0.40 percent in February from 0.30 percent in January of 2026. PCE Price Index Monthly Change in the United States averaged 0.27 percent from 1959 until 2026, reaching an all time high of 1.20 percent in February of 1974 and a record low of -1.20 percent in November of 2008. This page includes a chart with historical data for the United States PCE Price Index Monthly Change. United States PCE Price Index Monthly Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-13 12:30 PM
PCE Price Index MoM
Jan 0.3% 0.4% 0.3% 0.2%
2026-04-09 12:30 PM
PCE Price Index MoM
Feb 0.4% 0.3% 0.4% 0.3%
2026-04-30 12:30 PM
PCE Price Index MoM
Mar 0.4% 0.6%


Related Last Previous Unit Reference
Core PCE Price Index 128.86 128.39 points Feb 2026
Core PCE Price Index YoY 3.00 3.10 percent Feb 2026
Core PCE Price Index MoM 0.40 0.40 percent Feb 2026
Core PCE Prices QoQ 2.70 2.90 percent Dec 2025
GDP Price Index 130.62 129.43 points Dec 2025
PCE Price Index 129.45 128.97 points Feb 2026
PCE Price Index YoY 2.80 2.80 percent Feb 2026
PCE Price Index MoM 0.40 0.30 percent Feb 2026
PCE Prices QoQ 2.90 2.80 percent Dec 2025
Real Personal Spending MoM 0.10 0.00 percent Feb 2026


United States PCE Price Index Monthly Change
In the United States, the Personal Consumption Expenditure Price Index provides a measure of the prices paid for domestic purchases of goods and services. While the Consumer Price Index assumes a fixed basket of goods and uses expenditure weights that do not change over time for several years, the Personal Consumption Expenditure Price Index uses a chain index and resorts on expenditure data from the current period and the preceding period (known as Fisher Price Index).
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.30 1.20 -1.20 1959 - 2026 percent Monthly
2017=100; SA

News Stream
US PCE Inflation Accelerates in February
The US PCE price index rose 0.4% month-over-month, matching expectations and accelerating from January’s 0.3% increase. It was the steepest monthly increase in PCE prices in a year as goods prices jumped 0.7%, reversing January’s stagnation, driven by higher costs in motor vehicles and parts, recreational goods, gasoline, clothing, and food. Meanwhile, services inflation slowed to 0.2%, down from 0.4%, as healthcare, financial services, and recreational services cooled. The core PCE index, excluding food and energy, also climbed 0.4% after a 0.3% gain in January. Annually, the headline PCE index reached 2.8%, while the core index held at 3.0%.
2026-04-09
US PCE Prices Seen Rising, Core Monthly Inflation Steady
The US PCE price index is expected to rise by 0.4% month over month in February 2026, slightly above January’s 0.3% increase. The core PCE index, which excludes food and energy, is also projected to grow by 0.4%, matching the previous month’s pace. On a year-over-year basis, headline PCE inflation is likely to remain steady at 2.8%, while the core rate is expected to ease slightly to 3% from 3.1%. Overall, the report is anticipated to indicate that price pressures remained elevated, broadly in line with recent months and still above the Federal Reserve’s 2% target in February, prior to the onset of the war with Iran. The PCE price index is the Federal Reserve’s preferred measure of inflation.
2026-04-09
US PCE Prices Rise as Expected
The US PCE price index rose by 0.3% from the previous month in January of 2026, aligned with market expectations and slowing slightly from the 0.4% increase from the previous month. Costs of durable goods rose by 0.4% from December's 0.5% jump, offsetting the 0.1% drop in nondurable goods. When excluding energy and food prices, the core PCE price index rose by a sharper 0.4%. From the previous year, the PCE price index rose by 2.8%, easing from the 2.9% increase in the previous month but remaining sharply above the Federal Reserve's 2% target.
2026-03-13