US PCE Inflation Highest in 4 Years

2026-04-30 12:34 By Agna Gabriel 1 min. read

The US PCE price index rose 0.7% month-over-month in March 2026, matching expectations and accelerating from February’s 0.4% increase.

It was the steepest monthly increase in PCE prices since June 2022.

Goods prices jumped 1.4%, driven by a 20.9% rally in gasoline and other energy goods.

Also, services inflation accelerated to 0.3%, up from 0.2%, mainly due to transportation services.

The core PCE index, excluding food and energy, increased 0.3% after a 0.4% gain in February.

Annually, the headline PCE index reached 3.5%, while the core index rose to 3.2%.



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