Nowflation › Release calendar › April 2026 PCE

April 2026 PCE: 3.6% — Graded

Countdown

Released Thursday, May 28, 2026 at 8:30 AM ET. Graded below.

What to watch

Prior: headline PCE 3.5% YoY (March 2026).
Core PCE prior: 3.1% YoY, the trend measure the Fed watches most closely (its 2% goal is on headline PCE).
Street consensus: 3.8% headline YoY (FMP economic calendar estimate).
Nowflation: no PCE nowcast is on record for April 2026. PCE weights shelter lower and medical care higher than CPI; in April 2026 headline PCE ran 3.6% against CPI's 3.8%, below it.

The Nowflation call

No PCE nowcast is on record for April 2026. PCE weights shelter lower and medical care higher than CPI; in April 2026 headline PCE ran 3.6% against CPI's 3.8%, below it.

Competing forecasts

Forecaster	Call	Miss
Street consensus	3.8%	+0.20pp
Prior month (naive) (closest)	3.5%	−0.10pp

Grading

April 2026 PCE printed 3.6% YoY on May 28, 2026, core 3.1% (prior 3.5%). Source: BEA, from series PCEPI (YoY from index levels).