The Commerce Department released data on June 25, 2026, showing the personal consumption expenditures price index rose 4.1 percent year-over-year in May, the largest such increase since April 2023 and a new three-year high. Monthly readings for March and April were 0.7 percent and 0.4 percent respectively according to multiple outlets. The May monthly figure remains disputed between 0.4 percent and 0.7 percent.