US PCE Prices Rise Slightly
2025-08-29 12:31
By
Agna Gabriel
1 min. read
The US PCE price index increased by 0.2% month-over-month in July 2025, following a 0.3% rise in June, and in line with expectations.
Prices for goods were down 0.1%, after a 0.4% gain in June and prices for services rose 03%, up from 0.2% in the previous month.
The core PCE index, which excludes food and energy, went up 0.3%, the same as in June, also matching forecasts.
Separately, prices for food decreased 0.1%, after a 0.3% increase in June while prices for energy goods and services fell 1.1%, down from a 0.9% rise.
On an annual basis, headline PCE inflation was unchanged at 2.6% in July, in line with market expectations.
Core PCE inflation accelerated to 2.9% from 2.8%, the highest in five months.
The PCE index is the Federal Reserve’s preferred measure of inflation.