# Why Services Inflation Is Sticking Around Longer Than Expected Page: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-services-inflation-is-sticking-around-longer-than-expected Text version: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-services-inflation-is-sticking-around-longer-than-expected.md Podcast: [Economic Indicators with Fexingo: GDP, CPI, PMI, and Reading the Macro Data](https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725) Published: 2026-07-13T18:13:05+00:00 Episode link: https://audio.fexingo.com/business/economic-indicators/episode-0112.mp3 Audio file: https://audio.fexingo.com/business/economic-indicators/episode-0112.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/why-services-inflation-is-sticking-around-longer-than-expected Duration seconds: 372 ## Resource 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 ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/why-services-inflation-is-sticking-around-longer-than-expected/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-services-inflation-is-sticking-around-longer-than-expected.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.