Headline PCE Inflation Forecast Reaches Highest Level Since May 2023, Oxford Economics Says -- Market Talk

Dow Jones

05/13

1005 ET - After receiving both CPI and PPI estimates this week, economists are beginning to publish forecasts for PCE--the Fed's preferred inflation measure. Oxford Economics predicts a 0.4% monthly increase in headline PCE prices and a 0.3% rise in core prices in April. Although weaker than the monthly rise seen in CPI and PPI, the increase would push headline PCE inflation up to 3.8% year-over-year, its highest reading since May 2023.(jessica.coacci@wsj.com)

(END) Dow Jones Newswires

May 13, 2026 10:06 ET (14:06 GMT)

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