{
  "id": 14475817,
  "title": "United States: Core CPI and PCE re-accelerate – TD Securities",
  "url": "https://urgent.news/2026/10/14/united-states-core-cpi-and-pce-re-accelerate-td-securities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T15:03:15.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/united-states-core-cpi-and-pce-re-accelerate-td-securities-202610141503"
  },
  "original_language": "en",
  "account": "US CPI and PCE inflation have unexpectedly risen in September, with the core Consumer Price Index (CPI) accelerating to 0.3% month-over-month (m/m) and the core Personal Consumption Expenditures (PCE) forecast increasing to 0.36% m/m. This represents a significant gain in both services and goods inflation, particularly due to a strong surge in the output index (OER) and solid transportation and recreation prices. The headline CPI is expected to print at 0.6% (0.649% unrounded) after a 9% m/m spike in gasoline prices, while the broader PCE is forecasted at 0.53% (3.7% y/y). The upcoming Producer Price Index (PPI) data, which includes key contributors such as healthcare, airfares, insurance, and legal services, will provide further insight into the underlying market-based inflation. Despite the recent strength in CPI, the forecast anticipates a quicker acceleration compared to the previous month's core CPI and PCE readings.",
  "summary": "TD Securities economists report that US CPI has surprised to the upside for a second month, with core CPI at 0.3% m/m and broad-based strength in goods and services. Supercore remains elevated, and the translation into core PCE is strong, lifting their estimate to 0.36% m/m.",
  "key_points": [
    "Core CPI accelerates to 0.3% month-over-month",
    "Core PCE forecast rises to 0.36% m/m",
    "Gasoline price spike and transportation prices drive inflation"
  ],
  "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."
}