All other statements about personal consumption expenditures and associated prices reflect data through June and do not include the August 27, 2021 release covering July. -51.
The absence so far of broad-based inflation pressures The spike in inflation is so far largely the product of a relatively narrow group of goods and services that have been directly affected by the pandemic and the reopening of the economy. Durable goods alone contributed about 1 percentage point to the latest 12-month measures of headline and core inflation.