The US Core Personal Consumption Expenditures (PCE) Price Index for May is expected to show a slight increase. Here's what we know ¹:
- *Core PCE Price Index*: Forecast to rise 0.1% month-over-month in May, matching April's growth rate.
- *Year-over-Year Growth*: The core PCE inflation is set to tick higher to 2.6% in May from 2.5% in April.
- *Headline PCE Inflation*: Expected to increase to 2.3% year-over-year in May from 2.1% in April.