August PCE Inflation Holds at 3.4% as Core 3.0% Undercuts Forecasts After Downward Revisions

SentiSense · Published Sep 30, 2026, 8:31 AM ET · Updated Sep 30, 2026, 12:02 PM ET

The PCE price index rose 3.4% from a year earlier in August and core PCE rose 3.0%, both below consensus estimates of 3.7% and 3.3%. Much of the gap c...