FX.co ★ US Core PCE Edges Up to 4.6% in Q1 2026, Signaling Persistent Price Pressures

The United States’ Personal Consumption Expenditures (PCE) price index in the first quarter of 2026 ticked up to 4.6%, according to data updated on 25 June 2026. This marks a marginal increase from the previous reading of 4.5% recorded in the same quarter of 2026.

While the change is slight, the move from 4.5% to 4.6% underscores that inflationary pressures remain elevated in the U.S. economy. Investors and policymakers often track PCE prices closely, as the measure reflects changes in consumer spending patterns and is a key gauge of underlying inflation dynamics. The latest figures suggest that, at least through the first quarter, price growth has not yet shown a decisive move lower.