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U.S. prices rise again as fight against inflation stalls, PCE signals

Por: MarketWatch Politics May 26, 2023

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The yearly increase in prices rose to 4.4% from 4.2% in the prior month, . Lower gasoline prices this year and slower increases in the cost of food have helped to bring the overall rate of inflation down. Yet the core PCE index, which omits food and energy, suggests that the progress in reducing inflation may have stalled. It also rose 0.4% last month. What’s more, the increase in the core rate of inflation over the past 12 months edged up to... + full article



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