{
  "id": 10992740,
  "title": "US PCE Inflation Rises Less Than Expected in August",
  "url": "https://urgent.news/2026/09/30/us-pce-inflation-rises-less-than-expected-in-august",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T17:00:05.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/us-pce-inflation-rises-less-than-expected-in-august/"
  },
  "original_language": "en",
  "account": "The US Personal Consumption Expenditures (PCE) price index increased by 0.3% month-over-month in August 2026, slightly below market expectations of 0.4%. This came after a downward revision in July's gain to 0.1%. Goods prices rose by 0.3%, reversing a 0.1% decline seen in July, with non-durable goods leading the increase at 0.5%, primarily due to a sharp 4.4% jump in energy goods prices, including gasoline. In contrast, durable goods inflation slowed to 0.1% from 0.4%. Services prices also rose, reaching 0.3% from 0.1%, mainly fueled by higher transportation services (1.4%) and food services and accommodations (0.5%). The core PCE price index, which excludes food and energy, grew by 0.2%, also below forecasts of 0.3%. On a year-over-year basis, headline PCE inflation remained steady at 3.4%, unchanged from the revised July figure, while core inflation stayed at 3.0%. The PCE price index is the Federal Reserve's primary inflation gauge, and it has remained above its 2% target since 2021.",
  "summary": "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 ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}