PCE Price Index last printed 0.2 on Wed, Aug 26, 2026 against a 0.1 consensus forecast and a -0.1 prior, a +1.43 standard-deviation surprise. The next release is Friday, September 25, 2026 at 8:30 AM ET. Captured live by Helious the moment it printed.
PCE is the Fed's official inflation target measure: the 2% goal is a PCE number, not CPI. It lands after CPI and PPI so much of it is forecastable, but surprises still move rates because this is the number in the Fed's SEP. When PCE and CPI diverge, the Fed follows PCE.
LATEST OFFICIAL Y/Y FIGURE: DATA (REFERENCE MONTH)
3.7%
actual y/y
—
forecast
3.7%
prior
The year-over-year tenor of the same release, from the release calendar.
Surprise vs forecast
+1.43std devBEAT
-2-10+1+2
Printed above forecast. That gap is 1.43 times the size of a normal gap for this indicator.
The trend, at a glance
OFFICIAL SERIES · LAST 36 OBSERVATIONS · % M/M
+0.67%0-0.09%
2023-082026-07
4.1%3.2%2.3%
2023-082026-07
The official published series at its current vintage — revisions included, so the newest point can differ from the number as first printed. The release-by-release history with the consensus forecast and standard-deviation surprise on every row comes through the Helious API.
How it moves Treasuries
Hotter PCE is bearish Treasuries; the move is usually smaller than CPI day because components are largely inferred from CPI/PPI. A genuine surprise here reprices the Fed path directly. See it scored live on the Helious desk,
or read how the standard-deviation surprise is computed.
The 2 most recent prints from the desk's live capture (began July 2026), a sample. Every row links the print page published the moment the number landed; the full graded history is served by the API.
Official series history
PERIOD
VALUE (% M/M)
Y/Y
PRIOR
+0.16%
3.7%
-0.09%
-0.09%
3.7%
+0.48%
+0.48%
4.1%
+0.42%
+0.42%
3.8%
+0.67%
+0.67%
3.5%
+0.4%
+0.4%
2.9%
+0.35%
+0.35%
2.9%
+0.33%
+0.33%
2.9%
+0.22%
The most recent official rows;
the chart above draws the longer series. Desk-captured prints above include the consensus forecast
and standard-deviation surprise the moment each number landed.