The headline personal consumption expenditure (PCE) price index rose 1.0 percent year over year in August, up from 0.8 percent in July. The core PCE price index, which excludes food and energy, increased 1.7 percent year over year in August, up from 1.6 percent in July. On a one-month annualized rate basis, the headline PCE price index increased 1.7 percent in August, up from a 0.4 percent increase in July, while the core PCE price index (one-month annualized rate) rose 2.2 percent in August, up from 1.5 percent in July.
