Summary

• The headline PCE price index rose 0.4% on a month-over-month basis and 4.1% year-over-year, matching the Bloomberg economic calendar consensus forecasts.
• The core PCE price index - which excludes volatile food and energy components and serves as the Federal Reserve’s preferred inflation gauge - increased by 0.3% from the previous month and 3.4% from a year ago.
• Personal spending rose by 0.7% in May, outpacing the 0.6% forecast, while real personal spending ticked up 0.3%. This indicates that consumer demand remains resilient despite elevated borrowing costs.

By Moheb Hanna

The Bureau of Economic Analysis (BEA) released the Personal Consumption Expenditures (PCE) price index data on June 25, 2026. The headline PCE price index rose 0.4% on a month-over-month basis and 4.1% year-over-year, matching the Bloomberg economic calendar