The U.S. core Personal Consumption Expenditures price index annual rate was 3.3% in July, matching expectations of 3.30%.
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US July Core PCE Annual Rate Comes in at 3.3%, Matching Forecasts
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News EditorThe U.S. core Personal Consumption Expenditures price index, a closely watched inflation gauge, rose 3.3% year over year in July, in line with market expectations of 3.30%. The release indicates that the headline core PCE annual reading matched consensus estimates. No additional breakdown or month-over-month figures were provided in the source input. This item is presented as a brief macroeconomic update based strictly on the published data point and forecast figure included in the original news digest.
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