AI Data Insight
In Q4 2025, the year-over-year growth rate of US real personal consumption expenditures (nondurable goods) reached 3.0%, a significant acceleration compared to the 1.9% in the same period of 2024, highlighting that basic livelihood demands remain robust. Although market data indicates that the quarter-over-quarter momentum for food and energy has somewhat slowed, the overall annualized performance remains strong. Looking ahead, attention must be paid to the potential challenges that rebounding inflation and a high-interest-rate environment pose to people's real purchasing power.