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Macro Bullseye
Coming upGovPCE inflationThu, Oct 29 · 8:30 AM ET

Personal income and spending (PCE inflation) for September 2026: out Thursday, October 29, 2026, at 8:30 AM ET

The story goes up on this page shortly after the release: the new numbers, how they compare with before and what they mean for your money. Until then, here is what the release measures and where the last report left off.

What it measures

Monthly income and spending for US households, plus the PCE price index, the inflation measure behind the Fed's 2% target.

Why it matters for your money

Core PCE inflation is the number the Fed watches most closely. The report also shows the personal saving rate and whether incomes are keeping up with spending.

Where the last report left off

Aug 2026 data

PCE prices, change over 12 months
3.4%Jul 2026: 3.4%
Core PCE prices, change over 12 months
3.0%Jul 2026: 3.0%
Core PCE prices, change from the prior month
+0.2%Jul 2026: +0.1%
PCE prices, change over 12 months, last 24 months

View the data as a table
PCE prices, change over 12 months, last 24 months
PeriodValue
Aug 20263.4%
Jul 20263.4%
Jun 20263.5%
May 20263.8%
Apr 20263.6%
Mar 20263.4%
Feb 20262.8%
Jan 20262.7%
Dec 20252.8%
Nov 20252.7%
Oct 20252.7%
Sep 20252.8%
Aug 20252.7%
Jul 20252.6%
Jun 20252.6%
May 20252.5%
Apr 20252.3%
Mar 20252.3%
Feb 20252.6%
Jan 20252.6%
Dec 20242.6%
Nov 20242.5%
Oct 20242.4%
Sep 20242.3%

Source: Bureau of Economic Analysis, via FRED (Federal Reserve Bank of St. Louis). Revised figures replace earlier ones.Full release

The last story

PCE prices rose 3.4% over 12 months in August, unchanged from July

Core PCE inflation, the Fed's preferred gauge, also held at 3.0% in August, while core prices rose 0.2% from July.