PCE inflation: latest number
Latest (August 2026)
3.42%
Previous: 3.36% (July 2026); change +0.06 pts.
Source: FRED, Federal Reserve Bank of St. Louis (series PCEPI, change from a year earlier).
What it is
The PCE price index is the Federal Reserve's preferred inflation gauge; its 2% target is defined on this measure.
What it means for you
PCE coming in above 2% tells you the Fed still sees inflation as a problem, which matters for the direction of interest rates.
Next release
Thursday, October 29, 2026 at 8:30 AM ET (BEA)
FAQ
What is the latest PCE inflation?
The latest PCE inflation reading is 3.42% for August 2026.
When is the next PCE inflation release?
Thursday, October 29, 2026 at 8:30 AM ET (BEA).