US PCE price index rose 0.2% month-on-month and 3.7% year-over-year in August; core PCE rose 0.2% month-on-month matching expectations and 3.3% year-over-year matching expectations.

US PCE inflation rose 0.2% month-on-month and 3.7% year-over-year in August, beating the 0.1% and 3.6% forecasts respectively; core PCE matched expectations at 0.2% m/m and 3.3% y/y.