diff --git a/Include/object.h b/Include/object.h
index bcf78af..8cd57d2 100644
--- a/Include/object.h
+++ b/Include/object.h
@@ -776,6 +776,9 @@
  * inline.
  */
 #define _Py_NewReference(op) (                          \
+    (_Py_tracemalloc_config.tracing        \
+        ? _PyTraceMalloc_NewReference(op)               \
+        : 0),                                           \
     _Py_INC_TPALLOCS(op) _Py_COUNT_ALLOCS_COMMA         \
     _Py_INC_REFTOTAL  _Py_REF_DEBUG_COMMA               \
     Py_REFCNT(op) = 1)