2025.08.2912:31:42UTC+00US Producer Prices Rise Slightly

In July 2025, the US Personal Consumption Expenditures (PCE) price index saw a 0.2% month-over-month increase, following a 0.3% rise in June, aligning with market forecasts. Notably, the prices for goods decreased by 0.1% after a 0.4% increase in June, while prices for services climbed by 0.3%, up from the previous month's 0.2% increase. The core PCE index, which excludes volatile food and energy costs, also saw a 0.3% rise, consistent with June's figures and market predictions. Furthermore, food prices saw a decline of 0.1% after a 0.3% gain in June, whereas the prices for energy goods and services dropped by 1.1%, contrasting with a 0.9% increase the prior month. Annually, headline PCE inflation remained steady at 2.6% in July, meeting market expectations, while core PCE inflation increased to 2.9% from 2.8%, marking its highest point in five months. The PCE index is recognized as the Federal Reserve’s preferred gauge for measuring inflation.