U.S. Core PCE Price Index Year-on-Year for July is 2.9%, the Highest Since February 2025

According to reports, the U.S. Core PCE Price Index Year-on-Year for July is 2.9%, marking the highest level since February 2025. This data meets market expectations of 2.90%, up from the previous figure of 2.80%. Additionally, the month-on-month Core PCE Price Index is 0.3%, consistent with both expectations and the previous value.