Inflation Accelerated in October, PCE Index Shows NYT - Top Stories By: Aruni Soni 29 October 2026 at 12:55 The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady. © Ben Stansall/Agence France-Presse — Getty ImagesA factor pushing prices up this year has been a severe energy crunch created by the war with Iran that sent oil prices soaring.