U.S. September PCE data released: core inflation rate at 2.8%, slightly better than expectations

GasFeeNightmare · 2026-01-21T10:31:55+00:00

U.S. September PCE data shows the core price index increased by 2.8% year-on-year, better than the expected 2.9%, with a month-on-month unchanged at 0.2%. Personal spending rose by 0.3% month-over-month, indicating steady consumer activity, with actual performance slightly below the revised previous figure of 0.5%. Overall, the data suggests that inflationary pressures are easing moderately, which is favorable for the central bank to adjust policies flexibly.

GasFeeNightmare

2026-01-21 10:31:55

Abstract generation in progress

PANews reports that the latest September PCE data in the United States has been released, drawing significant market attention. The published PCE data shows that the core inflation index remained stable month-over-month, providing a certain degree of positive signals to the market. Among them, the US September core PCE price index annual rate reached 2.8%, better than the market expectation of 2.9%, and slightly decreased from the previous 2.9%.

Core PCE Index Shows Improvement

Regarding the most closely watched core PCE indicator, the month-over-month performance remained stable this month. The US September core PCE price index maintained a monthly rate of 0.2%, in line with expectations, and consistent with the previous month’s data. On an annual basis, the figure is even more encouraging, with a year-over-year increase of 2.8%, which is not only lower than the previous 2.9% but also better than the broad market expectation of 2.9%, reflecting a mild easing of price pressures. This provides some support for the flexibility of central bank policies.

Personal Spending Data Remains Steady

In terms of personal spending, US September personal expenditure increased by 0.3% month-over-month, matching expectations, indicating that consumer activity remains robust. Notably, the previous personal expenditure data was revised downward from 0.6% to 0.5%, reflecting that actual consumer performance was slightly below initial estimates. Overall, this PCE data combination indicates that price pressures are operating on a mild and controllable trajectory.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.