PCE inflation shows prices ticked higher in September, keeping expectations for a year-end hike
The Personal Consumption Expenditures index rose 3.6%, in line with expectations and up from 3.4% a month earlier.
Thursday, October 29, 2026
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The Personal Consumption Expenditures index rose 3.6%, in line with expectations and up from 3.4% a month earlier.
Gross domestic product increased at a 3.4% annualized rate in the third quarter.
Inflation increased slightly in September after declining in August, new data from the Bureau of Economic Analysis showed Thursday. The personal consumption expenditures (PCE) price index, the preferred inflation metric for the Federal Reserve, rose by 0.5 percent last month and was up 3.6 percent relative to September 2025. The Federal Reserve Bank of Cleveland…
US economic growth accelerated last quarter at its fastest pace in over a year; however, rising gas prices helped to lift inflation in September to a four-month high, new data showed Thursday.