SENSEX
NIFTY
GOLD
USD/INR

Weather

image 25    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

US inflation rises less than expected in August; consumer spending surges

US inflation rose less than expected in August, with the PCE price index increasing 0.3% month-on-month and 2.6% year-on-year. Core PCE rose 0.2% monthly and 3% annually. The softer inflation reading may reduce expectations of another Federal Reserve rate hike next month, while consumer spending surged 0.9%.

1 Oct 2026 12:11 am