Inflation Remains Elevated as Real Spending Stalls
September core PCE rises the most since February while real incomes fall.
September core PCE rises the most since February while real incomes fall.
Real GDP grew the fastest since Q3 2025, and final sales to private domestic purchasers rose the most since Q2 2021. Core PCE prices slowed to the least since Q3 2024, but year-over-year remained above 3%.