[U.S. Consumer Spending Sees Largest Increase in a Year, Core PCE Rises 0.2%] BlockBeats News, September 30: U.S. consumer spending grew in August at the fastest pace in over a year, continuing to drive the economy amid persistent inflationary pressures. According to data released by the U.S. Bureau of Economic Analysis on Wednesday, inflation-adjusted personal spending rose 0.6% month-on-month in August, marking the largest single-month increase since March 2025. The Federal Reserve's preferred inflation gauge—the Personal Consumption Expenditures Price Index (PCE)—rose 0.3% month-on-month in August. Excluding food and energy, the core PCE Price Index increased by 0.2%. (Jin10)