Nowflation › Release calendar › February 2026 PCE

February 2026 PCE: 2.7% — Graded

Countdown

Released Thursday, April 9, 2026 at 8:30 AM ET. Graded below.

What to watch

Prior: headline PCE 2.8% YoY (January 2026).
Core PCE prior: 3.0% YoY, the trend measure the Fed watches most closely (its 2% goal is on headline PCE).
Street consensus: 2.8% headline YoY (FMP economic calendar estimate).
Nowflation: no PCE nowcast is on record for February 2026. PCE weights shelter lower and medical care higher than CPI; in February 2026 headline PCE ran 2.7% against CPI's 2.4%, above it.

The Nowflation call

No PCE nowcast is on record for February 2026. PCE weights shelter lower and medical care higher than CPI; in February 2026 headline PCE ran 2.7% against CPI's 2.4%, above it.

Competing forecasts

Forecaster	Call	Miss
Street consensus (closest)	2.8%	+0.10pp
Prior month (naive) (closest)	2.8%	+0.10pp

Grading

February 2026 PCE printed 2.7% YoY on April 9, 2026, core 2.8% (prior 2.8%). Source: BEA, from series PCEPI (YoY from index levels).