U.S. BEA
Monthly
PCEPI
PCE price index (headline)
YoY
+3.8%
▲
Index 130.9 (prev 130.4)
2026-04-01 as of
The total personal consumption expenditures (PCE) price index, including food and energy. The headline counterpart to core PCE, the inflation-gauge family the Fed prefers.
Key points
- Total PCE price index (includes food and energy)
- Headline counterpart to the Fed's preferred core PCE
- Broader than CPI; tends to run a bit lower
- Watch the YoY change
How to read it
Read on a YoY basis. The Fed's 2% target is defined on core PCE, but headline PCE includes food and energy and is closer to actual living costs. Broader than CPI and tends to run a bit lower.
Recent trend
| Period | Value | Change |
|---|---|---|
| 2026-04-01 | 130.9 | +0.52 |
| 2026-03-01 | 130.38 | +0.86 |
| 2026-02-01 | 129.52 | +0.52 |
| 2026-01-01 | 129 | +0.43 |
| 2025-12-01 | 128.58 | +0.42 |
| 2025-11-01 | 128.15 | +0.28 |
| 2025-10-01 | 127.87 | +0.25 |
| 2025-09-01 | 127.63 | +0.33 |
| 2025-08-01 | 127.29 | +0.33 |
| 2025-07-01 | 126.96 | +0.22 |
| 2025-06-01 | 126.74 | +0.36 |
| 2025-05-01 | 126.38 | +0.23 |
FAQ
How does it differ from core PCE?
Headline PCE includes food and energy; core PCE excludes them. The Fed targets core PCE, but headline is closer to actual living costs.
Sources (primary)
This article is an independent summary based on the official U.S. data below. Please verify the latest and exact details with the official sources.
- FRED (series page):PCEPI
- Source agency:U.S. BEA
- FRED last updated:2026-05-28 07:42:47-05
FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. This site is not endorsed or certified by FRED / the St. Louis Fed.