Financial News: U.S. Consumer Prices Rises Slightly More Than Expected

U.S. Consumer Prices Rises Slightly More Than Expected In July

08/26/2026 - 08:41:00 (RTTNews)

(RTTNews) - Consumer prices in the U.S. increased by slightly more than expected in the month of July, according to a closely watched report released by the Commerce Department on Wednesday.

The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 in July after edging down by 0.1 percent in June. Economists had expected prices to inch up by 0.1 percent.

The report also said the annual rate of growth by the PCE price index came in at 3.7 percent in July, unchanged from in June. The annual rate of growth was expected to dip to 3.6 percent.

Excluding food and energy prices, the core PCE price index still rose by 0.2 percent in July after inching up by 0.1 percent in June. The increase matched economist estimates.

The annual rate of growth by the core PCE price index was 3.3 percent in July, unchanged from June and in line with expectations.

The Federal Reserve's preferred readings on consumer price inflation were included in the Commerce Department's report on personal income and spending.

The report said personal income climbed by 0.4 percent in July after rising by 0.2 percent in June, while personal spending rose by 0.2 percent in July after increasing by 0.3 percent in June.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Ten-Year Note Auction Attracts Well Above Average Demand (01 hr(s), 46 min(s), 21 sec(s) ago)
(RTTNews) - A day after reporting above average demand for this month's three-year note auctio ...Full Story»

Latvia Trade Gap Widens In July (05 hr(s), 27 min(s), 21 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit increased in July from a year ago, as exports grew ...Full Story»

Motor Vehicles Drive Slovakia Industrial Growth To 2.4% In July (05 hr(s), 41 min(s), 21 sec(s) ago)
(RTTNews) - Slovakia's industrial output expanded for the second straight month in July, drive ...Full Story»

Portugal Trade Gap Narrows In July (05 hr(s), 55 min(s), 21 sec(s) ago)
(RTTNews) - Portugal's foreign trade shortfall decreased in July from a year ago as exports gr ...Full Story»

Taiwan Trade Surplus Grows In August (06 hr(s), 17 min(s), 21 sec(s) ago)
(RTTNews) - Taiwan's foreign trade surplus increased in August from a year ago, preliminary fi ...Full Story»

Lithuania Trade Deficit Narrows In July (07 hr(s), 37 min(s), 21 sec(s) ago)
(RTTNews) - Lithuania's foreign trade deficit decreased in July from a year ago as exports gre ...Full Story»

Romania Trade Gap Widens In July (08 hr(s), 0 min(s),21 sec(s) ago)
(RTTNews) - Romania's foreign trade deficit increased somewhat in July from a year ago as impo ...Full Story»

Japan Machine Tool Orders Surge 64.7% (08 hr(s), 14 min(s), 21 sec(s) ago)
(RTTNews) - Japan's machine tool order growth accelerated sharply in August, preliminary data ...Full Story»