Inflation · PCEPILFE

Core PCE inflation

As of Aug 2026, the core PCE price index had risen 3.0% from a year earlier, compared with a 12-month change of 3.0% in Jul 2026. The latest value was 130.455 (index 2017=100).

Source: U.S. Bureau of Economic Analysis via FRED®. Monthly data, seasonally adjusted. Latest observation Aug 2026; snapshot taken Oct 26, 2026, 6:40 PM EDT.

Latest (Aug 2026)

130.455

Change from Jul 2026

+0.2%

A year earlier

126.646

12-month change

+3.0%

130.455 Aug 2026 · Index 2017=100

10511011512012513020222023202420252026

Index 2017=100. Data from Jan 1959 to Aug 2026 (812 observations).

What it measures

Core PCE removes food and energy from the PCE price index. Fed officials often point to it as their best read on where inflation is heading.

Official title
Personal Consumption Expenditures Excluding Food and Energy (Chain-Type Price Index)
Units
Index 2017=100
Frequency and adjustment
Monthly, seasonally adjusted
Original source
U.S. Bureau of Economic Analysis
Recent values
DateValueChangeFrom a year ago
Aug 2026130.455+0.2%+3.0%
Jul 2026130.133+0.1%+3.0%
Jun 2026129.969+0.1%+3.0%
May 2026129.796+0.3%+3.2%
Apr 2026129.395+0.3%+3.1%
Mar 2026129.030+0.3%+3.1%
Feb 2026128.701+0.3%+3.0%
Jan 2026128.270+0.4%+2.9%
Dec 2025127.765+0.3%+2.9%
Nov 2025127.363+0.2%+2.7%
Oct 2025127.165+0.2%+2.7%
Sep 2025126.940+0.2%+2.8%

Related indicators

This page shows public economic data for general information. It is not financial advice and does not predict future values.

Sources

  • U.S. Bureau of Economic Analysis, Personal Consumption Expenditures Excluding Food and Energy (Chain-Type Price Index) [PCEPILFE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PCEPILFE, Oct 26, 2026.
  • View PCEPILFE on FRED® · U.S. Bureau of Economic Analysis

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