US PCE Inflation Rises Less Than Expected in August

The US PCE price index rose 0.3% month-over-month in August 2026, following a downwardly revised 0.1% gain in July and slightly below market expectations of 0.4%. Goods prices increased 0.3%, rebounding from a 0.1% decline in July, led by a 0.5% rise in nondurable goods, mainly due to a 4.4% jump in gasoline and other ...