Published on: 2026-06-25
Core PCE price index May
25/6/2025 (Thu)
Previous: 3.3% Forecast: 3.4%
US core inflation climbed 3.3% year-over-year in April, marking the highest level since November 2023. Trump said "I love the inflation" after the report, which baffled the markets.
While the annual rates were in line with forecasts, the soft monthly readings could provide some hope that the burst in prices over the previous month had begun to ease.
Income at the disposal of households after adjusting for inflation dropped for a third straight month in April, with the saving rate hitting a four-year low. Retail sales remained resilient in May though.
