U.S. core inflation rises 2.9 pct in July


By Xu Jing
  • World
  • Saturday, 30 Aug 2025

NEW YORK, Aug. 29 (Xinhua) -- U.S. core inflation, measured by the core personal consumption expenditures (PCE) price index excluding food and energy, rose 2.9 percent year-over-year in July, the highest level since February, the Bureau of Economic Analysis (BEA) reported Friday.

Core inflation climbed 0.3 percent from June, in line with Wall Street forecasts.

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