US Core PCE Prices Rise 0.3% as Expected

The core PCE price index in the US, which excludes volatile and energy prices and is Federal Reserve's chosen gauge of underlying inflation in the US economy, went up 0.3% from the previous month in June of 2025.

It was the biggest rise in four months, in line with market expectations.

From the previous year, the index rose by 2.8%, above expectations of 2.7%.