Fed-Preferred Inflation Calendar

Latest PCE Inflation Report and 2026 Dates

August 2026 PCE inflation rose 0.3% monthly and 3.4% yearly; core PCE rose 0.2% monthly and 3.0% yearly. See the latest report, chart, and dates.

Maintained by Archie Chang · Data and formulas checked October 2, 2026 · Methodology & sources

Latest official result

August 2026 U.S. PCE inflation report

Released September 30, 2026 · current BEA estimate · Personal Income and Outlays

The PCE price index rose 0.3% in August and 3.4% over 12 months. Excluding food and energy, core PCE increased 0.2% for the month and 3.0% over 12 months.

Headline PCE · 12 months

3.4%

3.4% in July

Headline PCE · monthly

+0.3%

+0.1% in July

Core PCE · 12 months

3.0%

3.0% in July

Core PCE · monthly

+0.2%

+0.1% in July

Income and spending context

Personal income rose +0.2% and current-dollar consumer spending rose +0.9%. Real spending increased 0.6%, while the personal saving rate was 4.1%.

Personal income

+0.2%

Disposable income

+0.3%

Real PCE

0.6%

Saving rate

4.1%

Current-dollar services spending increased $76.7 billion; goods spending increased $114.1 billion.

Headline and core PCE: 2026 monthly trend

Month-over-month percentage changes, seasonally adjusted.

Series: PCEPI · PCEPILFE

Headline PCECore PCE
Monthly headline and core U.S. PCE inflation changes from January through August 2026Seasonally adjusted month-over-month percentage changes. The blue line is headline PCE inflation and the amber line excludes food and energy.−0.3%0.0%+0.3%+0.5%+0.8%Jan 26Mar 26May 26Jul 26Aug 26
Monthly headline and core PCE percentage changes, January to August 2026
PeriodHeadline PCECore PCE
January 2026+0.3%+0.4%
February 2026+0.3%+0.3%
March 2026+0.6%+0.3%
April 2026+0.4%+0.3%
May 2026+0.4%+0.3%
June 2026−0.1%+0.1%
July 2026+0.1%+0.1%
August 2026+0.3%+0.2%

Primary data sources: BEA August 2026 Personal Income and Outlays release · BEA PCE price index overview · FRED headline PCE price index series · FRED core PCE price index series

BEA estimates are subject to revision. The September 30, 2026 release will include the annual update to the National Economic Accounts and supersede currently published estimates. This is not a forecast or trading signal.

Direct answer

The next PCE Inflation release is scheduled for Thursday, October 29, 2026 at 8:30 AM Eastern Time. It covers September 2026.

Countdown to the next release

Thursday, October 29, 2026 · 8:30 AM ET

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Next scheduled release

Thursday, October 29, 2026

8:30 AM ET · covers September 2026

Most recent release

Wednesday, September 30, 2026

8:30 AM ET · covered August 2026

Complete 2026 Release Schedule

Date & timeReleasePeriod coveredStatusOfficial source
Fri, Feb 20, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)December 2025ReleasedU.S. Bureau of Economic Analysis
Fri, Mar 13, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)January 2026ReleasedU.S. Bureau of Economic Analysis
Thu, Apr 9, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)February 2026ReleasedU.S. Bureau of Economic Analysis
Thu, Apr 30, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)March 2026ReleasedU.S. Bureau of Economic Analysis
Thu, May 28, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)April 2026ReleasedU.S. Bureau of Economic Analysis
Thu, Jun 25, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)May 2026ReleasedU.S. Bureau of Economic Analysis
Thu, Jul 30, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)June 2026ReleasedU.S. Bureau of Economic Analysis
Wed, Aug 26, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)July 2026ReleasedU.S. Bureau of Economic Analysis
Wed, Sep 30, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)August 2026ReleasedU.S. Bureau of Economic Analysis
Thu, Oct 29, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)September 2026ScheduledU.S. Bureau of Economic Analysis
Wed, Nov 25, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)October 2026ScheduledU.S. Bureau of Economic Analysis
Wed, Dec 23, 20268:30 AM ETPersonal Income and Outlays (PCE Inflation)November 2026ScheduledU.S. Bureau of Economic Analysis

What this release measures

The PCE price index measures price changes for goods and services purchased by, or on behalf of, U.S. households. BEA publishes it inside the monthly Personal Income and Outlays report.

The release includes headline and core PCE inflation as well as personal income, spending, disposable income, and saving. The broader report helps connect inflation with consumer demand.

Why the Federal Reserve watches it

The Federal Reserve defines price stability as 2% inflation over the longer run, measured by the annual change in the PCE price index.

PCE and CPI are related but not interchangeable. Coverage, category weights, and formulas differ, so the Fed reviews both plus wages, expectations, and other price data.

How to read the schedule

  • The latest official result above is BEA’s current August 2026 estimate, released on September 30, 2026. BEA’s annual update revised earlier months, so the chart uses the current series.
  • Every 2026 date and 8:30 AM ET publication time in the table comes from BEA’s official release schedule and published 2026 release-date table.
  • The February through April timing reflects dates rescheduled after the October–November 2025 government shutdown.
  • “Period covered” identifies the month measured by the release, not the publication month.
  • BEA can revise estimates and release dates; use the linked official schedule for time-sensitive decisions.

Primary schedule source: U.S. Bureau of Economic Analysis

Frequently Asked Questions

What did the latest PCE inflation report show?

The latest official estimate, released September 30, 2026 for August 2026, showed headline PCE inflation up 0.3% for the month and 3.4% over 12 months. Core PCE inflation was up 0.2% monthly and 3.0% over 12 months.

When is the next PCE inflation report?

As reviewed on October 2, 2026, the next Personal Income and Outlays report is scheduled for Thursday, October 29, 2026 at 8:30 AM Eastern Time. It includes PCE inflation for September 2026.

What time is PCE inflation released?

The U.S. Bureau of Economic Analysis schedules Personal Income and Outlays, including the PCE price indexes, for 8:30 AM Eastern Time.

Why does the Fed prefer PCE over CPI?

PCE covers a broader range of household spending and its weights adjust as consumers substitute between items. The Fed states its 2% inflation objective using the PCE price index.

What is core PCE inflation?

Core PCE is the PCE price index excluding food and energy. Policymakers watch it as one way to assess underlying inflation, while still considering headline inflation and other measures.