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price index



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The July reading of the Fed’s preferred inflation gauge, the personal-consumption expenditure price index, hit 3.7% on a year-over-year basis, slightly surpassing economists’ expectations of 3.6%.

From MarketWatch Aug. 26, 2026

The Federal Reserve’s preferred inflation metric, the price index of personal-consumption expenditures, held steady at 3.7% in July, slightly above economist expectations for 3.6%.

From The Wall Street Journal Aug. 26, 2026

July’s consumer price index report was down slightly from its June reading, lifting some immediate pressure off the central bank to increase at its September interest-rate meeting.

From The Wall Street Journal Aug. 26, 2026

But inflation rose by 3.7% in the 12 months that ended in June, using the central bank’s preferred PCE price index.

From MarketWatch Aug. 25, 2026

Fifty thousand pounds in modern money, using a retail price index, but £725,000 in modern money using an average wage multiplier.

From "The Invention of Science" by David Wootton




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