The core PCE price index in the United States rose 2.6% year-on-year in January, in line with expectations

The core PCE price index in the United States rose by 2.6% year-on-year in January, and the previous value was revised from 2.8% to 2.9%. The core PCE price index in the United States rose by 0.3% month-on-month in January, in line with expectations and hitting a new high since October 2024.