2025-09-26
PCE price index August
26/9/2025 (Fri)
Previous: 2.9% Forecast: 2.9%
The PCE price index showed that core inflation ran at a 2.9% in July from a month earlier. That marks the highest reading since February, though in line with the consensus forecast.
Along with the inflation moves, consumer spending increased 0.5% on the month, the biggest increase since March, indicating that Americans are not pulling back on purchases.
Still, inflation remains well below its peak, and a debate continues over the extent to which tariffs will lead to a sustained rise in the pace of price hikes.
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