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

Macro

2026-07-30

Description

-

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

AI Data Insight

In Q2 2026, the US Services PCE Price Index rose to 136.893, an increase of approximately 0.97% from 135.578 in the previous quarter, indicating that service consumption remains sticky. Despite this, the US Q2 overall core PCE annualized quarter-over-quarter growth rate has fallen sharply to 3.4%, below the market expectation of 3.5%, providing strong support for the Federal Reserve's potential accommodative monetary policy path.

AI Data Insight

In Q2 2026, the US Services PCE Price Index rose to 136.893, an increase of approximately 0.97% from 135.578 in the previous quarter, indicating that service consumption remains sticky. Despite this, the US Q2 overall core PCE annualized quarter-over-quarter growth rate has fallen sharply to 3.4%, below the market expectation of 3.5%, providing strong support for the Federal Reserve's potential accommodative monetary policy path.

Description

-

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