#USCorePCEMay Breaking news: core PCE inflation in the U.S. rises to 2.7% in May compared to the 2.6% expected Annual inflation in the United States (U.S.), measured by the change in the Personal Consumption Expenditures (PCE) Price Index, increased to 2.3% in May from 2.2% in April (revised from 2.1%), according to the U.S. Bureau of Economic Analysis reported on Friday. This figure matched market expectations.
The core PCE price index, which excludes volatile food and energy prices, rose by 2.7% in the same period, following a 2.6% increase (revised from 2.5%) recorded in April. The PCE price index and the core PCE price index increased by 0.1% and 0.2%, respectively, on a monthly basis.