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Inflation surges past 4% — but consumers keep spending

The PCE price index rose 4.1% year-over-year, its highest reading since April 2023, while consumer spending jumped 0.7%

Inflation surges past 4% — but consumers keep spending

Inflation surges past 4% — but consumers keep spending

Published June 25, 2026 · Category: Markets

Overview

The PCE price index rose 4.1% year-over-year, its highest reading since April 2023, while consumer spending jumped 0.7%

Source

Originally published at qz.com.

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