United States: Personal Consumption Expenditure Price Index: SA(by Quarter)

Macro

2026-07-30

Description

-

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Quarterly
Next Update

AI Data Insight

The US Personal Consumption Expenditures (PCE) price index rose to 131.286 in the second quarter of 2026, continuing to climb from 129.609 in the first quarter and indicating that overall inflation pressures persist. However, excluding energy and food, the annualized quarter-over-quarter rate of the Q2 core PCE dropped to 3.4%, outperforming the market expectation of 3.5%. Against the backdrop of economic growth slowing to 1.5%, the cooling of core inflation is expected to secure more policy flexibility for the Federal Reserve.

AI Data Insight

The US Personal Consumption Expenditures (PCE) price index rose to 131.286 in the second quarter of 2026, continuing to climb from 129.609 in the first quarter and indicating that overall inflation pressures persist. However, excluding energy and food, the annualized quarter-over-quarter rate of the Q2 core PCE dropped to 3.4%, outperforming the market expectation of 3.5%. Against the backdrop of economic growth slowing to 1.5%, the cooling of core inflation is expected to secure more policy flexibility for the Federal Reserve.

Description

-

Published by
U.S. Bureau of Economic Analysis (Choice)
Frequency
Quarterly
Next Update