#USCorePCEMay Breaking news: core PCE inflation in the U.S. rises to 2.7% in May versus the 2.6% expected Annual inflation in the United States (U.S.), measured by the change in the Personal Consumption Expenditures (PCE) Price Index, rose to 2.3% in May from 2.2% in April (revised from 2.1%), the U.S. Bureau of Economic Analysis reported on Friday. This figure matched market expectations.

The core PCE price index, which excludes the volatile prices of food and energy, increased by 2.7% during 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.