# US PCE prices rose 3.6% from a year earlier in September

> The BEA's PCE price index rose 0.5% on the month and 3.6% on the year in September 2026. Excluding food and energy, it rose 3.1% on the year.

- Canonical URL: https://forextradingcommunity.com/news/us-pce-inflation-3-6-percent-september-2026/
- Type: Data
- Published: 2026-10-30
- Updated: 2026-10-30
- Publisher: Forex Trading Community (https://forextradingcommunity.com), FTC Editorial Team
- Currencies: USD

The price index for personal consumption expenditures (PCE) rose 0.5% from August to September 2026, and 3.6% from a year earlier, the Bureau of Economic Analysis said on 29 October 2026. Excluding food and energy, the index rose 0.3% on the month and 3.1% on the year ([BEA: Personal Income and Outlays, September 2026](https://www.bea.gov/news/2026/personal-income-and-outlays-september-2026)).

## Key figures

- **PCE price index, monthly**: up 0.5%
- **PCE price index, annual**: up 3.6%
- **Excluding food and energy, monthly**: up 0.3%
- **Excluding food and energy, annual**: up 3.1%
- **Real PCE spending**: flat on the month, after nominal spending rose 0.5%

## Reading it

The headline rose faster than the core, so food and energy prices rose faster than the rest of the basket in September. The Federal Reserve sets its 2% inflation target on the PCE price index, which makes this release the one to read against the Fed's stated goal. The same release shows spending and income: see [US spending rose 0.5% in September](/news/us-spending-rose-0-5-percent-september-2026/). For the previous month's inflation reading, see [US PCE inflation in August](/news/us-pce-inflation-august-2026/).

## Sources

- [BEA: Personal Income and Outlays, September 2026 (29 October 2026)](https://www.bea.gov/news/2026/personal-income-and-outlays-september-2026)

## Common questions

### What was the PCE price index in September 2026?

It rose 0.5% from August and 3.6% from September 2025, according to the Bureau of Economic Analysis.

### How did core PCE inflation compare?

Excluding food and energy, the PCE price index rose 0.3% on the month and 3.1% on the year.

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