Episode
Why Services Inflation Is Sticking Around Longer Than Expected
- Published
- Jul 13, 2026
- Duration seconds
- 372
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Summary
In this episode of Economic Indicators with Fexingo, Lucas and Luna dig into why services inflation has been so sticky in 2026 — even as goods inflation cools. They look at a specific data point: the core PCE services index, which rose 0.3% month-over-month in May, accelerating from earlier in the year. They connect it to shelter costs, wage growth in lower-paying service industries, and what it means for the Fed's next move. Lucas explains how the personal consumption expenditure report reveals a shift from goods to services spending that is keeping inflation above target, and Luna brings up the 'funflation' headline — why concert tickets, dining out, and travel are still surging. No jargon, just a clear look at one of the key inflation dynamics of mid-2026. #ServicesInflation #CorePCE #FedPolicy #Inflation2026 #Funflation #ShelterCosts #WageGrowth #PersonalConsumptionExpenditure #EconomicIndicators #CPI #LucasAndLuna #FexingoBusiness #BusinessPodcast #Economics #InterestRates #MayPCE #ConsumerSpending #MacroData Keep every episode free: buymeacoffee.com/fexingo