David Andolfatto: PCE inflation rate reached 4.7 percent year-over-year in July 2026

David Andolfatto: PCE inflation rate reached 4.7 percent year-over-year in July 2026
PCE inflation 4.7 percent July 2026

David Andolfatto reports that the PCE inflation rate for July 2026 was 4.7 percent year-over-year. The month-over-month rate, annualized, came in at 1.9 percent.

These figures provide a snapshot of inflationary trends during this period, highlighting changes in consumer prices.

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