PCE Inflation Hits 3-Years High in May
The PCE Price Index, the Federal Reserve's preferred inflation gauge, accelerated to a three-year high of 4.1% year-over-year in May 2026, with core PCE rising 3.4%, driven partly by energy price increases related to Iran conflict tensions. Despite elevated inflation, consumer spending remained resilient with a 0.7% monthly increase in May, though the personal saving rate held at a three-year low of 3.0% as households drew down savings to maintain spending amid eroding real income.
Published by NAHB — Eye on Housing. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- NAHB — Eye on Housing
- Obtained from
- NAHB — Eye on Housing
- Published
- Jun 25, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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