United States: PCE Price Index: Services: SA

Macro

2026-05-28

Description

-

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

AI Data Insight

The newly released US Q2 2026 Services PCE Price Index climbed to 136.364, continuing to grow from the previous Q1 2026 value of 135.967, highlighting that services inflation is extremely sticky. Accompanied by US-Iran geopolitical conflicts driving up energy prices and strong AI capital expenditures, the overall PCE annual growth rate hit a nearly three-year high of 3.8%. The persistent high inflation is significantly weakening market expectations for interest rate cuts.

AI Data Insight

The newly released US Q2 2026 Services PCE Price Index climbed to 136.364, continuing to grow from the previous Q1 2026 value of 135.967, highlighting that services inflation is extremely sticky. Accompanied by US-Iran geopolitical conflicts driving up energy prices and strong AI capital expenditures, the overall PCE annual growth rate hit a nearly three-year high of 3.8%. The persistent high inflation is significantly weakening market expectations for interest rate cuts.

Description

-

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