PANews reported on August 29 that according to Jinshi, the annual rate of the U.S. core PCE price index in July was 2.9%, the highest since February 2025. The expected rate was 2.90%, and the previous value was 2.80%.
The U.S. core PCE price index rose by 0.3% month-on-month in July, in line with expectations of 0.30% and the previous value of 0.30%.