Consumer spending heated up a bit last month

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Consumer spending heated up a bit last month – but so did inflation

edition.cnn.com/2025/07/31/economy/us-pce-consumer-spending-inflation-june

US consumers continued to spend in June despite tariff-related price hikes.
Consumer spending rose 0.3% from May, according to Commerce Department data released Thursday.
The Personal Consumption Expenditures price index — the inflation gauge the Federal Reserve uses for its 2% target…

This story appeared on edition.cnn.com, 2025-07-31 00:00:00.