The US PCE price index decreased 0.1% month-over-month in June 2026, as expected, after a 0.5% rise in May. Goods prices fell 0.6%, while services inflation slowed to 0.1% from 0.5% in the previous month. The core PCE index, which excludes food and energy, increased 0.1%, following a 0.3% advance in the previous month and less than market forecasts of a 0.2% rise. On an annual basis, headline PCE inflation eased to 3.7% from 4.1%, confirming expectations. Core PCE inflation edged down to 3.3% from 3.4%, also in line with forecasts.