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Breaking: US core PCE inflation rises to 2.9% in July as anticipated
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.6% in July, the US Bureau of Economic Analysis reported on Friday. This print came in line with the market expectation.
The PCE data rose to 2.6% year-on-year (YoY) in July, in line with expectations providing a bullish outlook for the BTC price.
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
June PCE Inflation Report Highlights The PCE Price Index rose 0.28% in June, above the FactSet consensus forecast for a 0.20% increase and following an increase of 0.17% in May.
French consumer prices rose slightly less than anticipated in August, as a lower-than-expected decline in energy prices offset a slowdown in services prices, preliminary data from statistics agency ...
The U.S. Bureau of Economic Analysis, or BEA, announced Thursday that personal income for Americans increased in June, but so did inflation.
Food Prices Up 4.9% To Highest Level Since February Prices rose 3.8% in the year to July, up from 3.6% the previous month, ...
Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, even as President Trump’s tariffs ...
June PCE Inflation Report Highlights The PCE Price Index rose 0.3% in June, above the FactSet consensus forecast for a 0.2% increase and following an increase of 0.14% in May.
Prices rose at an annual pace of 2.6% in July, the same rate as the previous month and in line with economist forecasts.
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