【Zillow】Disinflation Stalls In July, Steady Price Growth But Still Too High

• The Personal Consumption Expenditures (PCE) price index rose 0.2% in July, after rising 0.2% in June. Annual growth in the PCE price index rose to 3.3% in July from 3.0% in June.
• Core PCE – which excludes food and energy – remained also steady at 0.2% for the month. The annual increase in core PCE remains high at 4.2% – up from 4.1% in June, still more than double the Federal Reserve’s target.

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