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.