United States: PCE Price Index: Services: SA

Macro

2026-07-30

Description

-

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

AI Data Insight

According to the latest data from DataTrack, the US PCE services price index rose to 137.223 in May 2026, a slight increase of 0.14% from the previous value of 137.033, reaching a high year-over-year growth rate of 3.88%. Although the monthly increase was relatively mild, strong personal income growth drove a surge in services spending, causing overall core inflation to still exceed market expectations. Against the backdrop of highly sticky service prices, the Federal Reserve may be forced to maintain a restrictive interest rate policy for a longer period.

AI Data Insight

According to the latest data from DataTrack, the US PCE services price index rose to 137.223 in May 2026, a slight increase of 0.14% from the previous value of 137.033, reaching a high year-over-year growth rate of 3.88%. Although the monthly increase was relatively mild, strong personal income growth drove a surge in services spending, causing overall core inflation to still exceed market expectations. Against the backdrop of highly sticky service prices, the Federal Reserve may be forced to maintain a restrictive interest rate policy for a longer period.

Description

-

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