AI Data Insight
The newly released US Q2 2026 nondurable goods PCE price index reached 125.567, rising significantly from the previous period's 124.568 in Q1 2026, shattering market expectations of a steady decline in inflation. Driven by rising gasoline and food prices due to geopolitical tensions in the Middle East, the price stickiness of nondurable goods may delay the Federal Reserve's interest rate cut schedule.