PCE prices rose 0.2% in July; core PCE 3.3% from a year earlier

The Bureau of Economic Analysis said the PCE price index rose 0.2% in July 2026 and was up 3.7% from a year earlier. The core index, the Federal Reserve's preferred inflation gauge, rose 0.2% on the month and 3.3% on the year.

• PCE price index rose 0.2% in July; 3.7% from a year earlier
• Core PCE price index rose 0.2% in July; 3.3% from a year earlier
• Real consumer spending was unchanged 0.0% in July
• Computed from the seasonally adjusted indexes as published on the release date (ALFRED vintage)