AI Data Insight
In Q1 2026 (March), the US core PCE YoY growth rate rose to 3.2%, a significant rebound from the previous 3.0%, aligning with market consensus expectations. Driven by surging global energy prices and the effects of corporate front-loading, the disinflation process has been hindered. Accompanied by slower-than-expected Q1 GDP growth, the risk of stagflation is gradually rising.