AI Data Insight
The US PCE Services Price Index (seasonally adjusted) for August 2026 steadily rose to 137.932 from 137.415 in the previous month. Although both the US headline and core PCE annual growth rates fell below market expectations, the prices of service sub-components such as transportation and dining continued to trend higher. Supported by the labor market and real consumption, the stickiness of service inflation will become a key variable affecting the Federal Reserve's subsequent interest rate decisions.