#USCorePCEMay 🇺🇸 US Core PCE – May 2025 Report: Sticky Inflation, Slowing Demand

Headline Summary:

The Personal Consumption Expenditures (PCE) Price Index rose by 0.1% MoM in May — identical to April. On a YoY basis, headline PCE climbed to 2.3%, slightly higher than last month’s 2.2%, indicating continued inflation pressure.

Core PCE (Excluding Food & Energy):

Core PCE, the Fed’s preferred inflation gauge, increased by 0.2% MoM, beating expectations and April’s 0.1%. Annually, core inflation now stands at 2.7%, up from 2.6%, reinforcing concerns about persistent underlying inflation.