Published on: 2026-08-26
Updated on: 2026-08-26
Core PCE price index July
26/8/2025 (Wed)
Previous: 3.3% Forecast: 3.3%
US core PCE rose 3.3% year over year in June, below forecasts for a 3.4% increase and following a 3.4% increase in May. Still, the index remains well above the Fed’s 2% target.
Inflation was dropping before 2026, but it sped up after the US and Israel attacked Iran in late February, causing a spike in energy costs that Federal Reserve officials fear will drive up the prices of other goods.
US consumer sentiment fell about 8% in August, snapping two consecutive months of improvement, extending a turbulent stretch for consumer confidence since the outbreak of the war in Iran.
