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News Wire / economy

US Personal Consumption Expenditures Rise 1.7%

CNR Voice of China Washington D.C. 13d12d Impact 5

The United States Personal Consumption Expenditures Price Index (PCE) rose to a near three-year high in March, according to reports from the United States on April 30. Rising gasoline prices due to war are cited as a factor in this trend. The data explains why the Federal Reserve maintained interest rates unchanged during its most recent meeting. The year-on-year rate reached 3.5% amid sustained gasoline price increases driven by conflict. This increase follows rising oil prices linked to the Iran war. The US Department of Commerce reported that the March PCE price index rose 3.5% compared to one year ago. Shoppers in New York City are reportedly hesitating to spend due to these rising costs. The rise in the price index, a key metric for the Federal Reserve's 2 percent inflation target, has led to concerns regarding stagflation.

The United States Personal Consumption Expenditures Price Index (PCE) rose to a near three-year high in March, according to reports from the United States on April 30. Rising gasoline prices due to war are cited as a factor in this trend. The data explains why the Federal Reserve maintained interest rates unchanged during its most recent meeting. The year-on-year rate reached 3.5% amid sustained gasoline price increases driven by conflict. This increase follows rising oil prices linked to the Iran war. The US Department of Commerce reported that the March PCE price index rose 3.5% compared to one year ago. Shoppers in New York City are reportedly hesitating to spend due to these rising costs. The rise in the price index, a key metric for the Federal Reserve's 2 percent inflation target, has led to concerns regarding stagflation. Analysts suggest that persistent inflation may delay potential interest rate cuts by the Federal Reserve. US personal consumption expenditure growth slowed to 1.6 percent in the first quarter of 2026. This represents a decline from the 1.9 percent growth recorded in the previous quarter. The report notes that personal consumption accounts for 70 percent of the US economy.

Topics

inflation PCE economy

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Sources · 7 independent

CNR Voice of China

“美国3月个人消费支出价格指数PC1 涨至近三年来新高”

CNR Voice of China

“俄總統普京與美國總統特朗普29號舉行電話會談...美國3月個人消費支出價格指數PCE漲至近三年來新高”

CNR Voice of China

“According to US news on April 30, the US March Personal Consumption Expenditure price index PCE1 rose to a near three-year high.”

YTN Radio

“표인 개인 소비 지출, PC 가격 지수가 약 3년 만에 최고치를 경신했습니다. 미국 경제의 중추인 소비 증가율은 둔화한 것으로 나타나, 불경기 속 인플레이션을 의미하는 스테그플레이션 우려가 제기되고 있습니다.”

YTN Radio

“미국 상부부는 3월 개인 소비 지출, PC, 가격 지수가 전년 동월...”

YTN Radio

“미국 상부부는 3월 개인 소비 지출, PC, 가격 지수가 전년 동월... 대비 3.5% 상승했다고 발표했습니다.”

WAMU 88.5 DC

“PCE came out today. The personal consumption expenditures price index. ... Up three tenths percent month on month, that is the core rate”

YTN Radio

“미국 상무부는 3월 개인소비 지출 PC 가격 지수가 1년 전보다 3.5% 상승했다고 발표했습니다.”

YTN Radio

“이란 전쟁에 따른 고유가로 3월 미국의 핵심 물가 지표인 개인 소비 지출, PC 가격 지수가 약 3년 만에 최고치를 경신했습니다.”

YTN Radio

“휴발유 등 에너지 가격이 2월보다 20.9% 급등하며 물가 상승을 주도했습니다. ... PC이 가격 지수도 1년 전보다 3.2% 올라 약 3년 반 만에 최고치를 기록했습니다.”

Sky News Arabia Radio

“the personal consumption expenditure index... rose by 7.10% during the month of March alone, which is the highest level since 2022, reaching 3.5% on an annual basis.”

Sky News Arabia Radio

“فقد ارتفع موشر أصار نفقات الاستهلك الشخصي المكيس المفضل لدى الاحتياط الفدرالي بنسبة 7.10% خلال شهر مارس وحده وهو أعلى مستوى من 2022 ليصل بذلك إلى 3.5% على أساس سنوي”

Sky News Arabia Radio

“the personal consumption expenditures index, which is the Federal Reserve's preferred measure, rose by 7.10% during the month of March alone, reaching a 3.5% annual rate.”

Sky News Arabia Radio

“the personal consumption expenditures index rose by 7.1% during March, which is the highest level since 2022, reaching 3.5% on an annual basis”

Sky News Arabia Radio

“ارتفع موشر أسار نفقات الاستهلك الشخصي المكيس المفضل لدل احتياط الفدرالي بنسبة 7.100 خلال شهر مارس واحدة وهو أعلى مستوى منذ 2022 ليصل بذلك إلى 3.5% على أساس سنوى”

YTN Radio

“미국 상무부가 발표한 3월, 개인 후비 시출, PC의 가격 지수는 1년 전보다 3.5% 상승.”

YTN Radio

“미국 경제에 70%를 차지하는 개인 소비 증가율 맞아 올해 1분기에 1.6%로 전분기에 1.9%보다 더 둔화한 것으로 나타났습니다.”

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