VINnews · Aug 26, 2026
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*🇺🇸-Consumer Prices Rose Slightly In July, Fed’s Preferred Gauge Shows* Prices for everyday goods and services edged up 0.2 percent in July, according to the Federal Reserve’s main inflation measure released Wednesday. The personal consumption expenditures price index climbed to a 3.7 percent annual rate. Core prices, which leave out food and energy, also rose 0.2 percent for the month and sit at 3.3 percent over the past year. Goods prices actually fell slightly, helped by cheaper gasoline. Services costs kept climbing. Income rose 0.4 percent while spending increased just 0.2 percent. Real spending was basically flat. Inflation remains well above the Fed’s 2 percent target.
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