The BEA released the Personal Income and Outlays report for June:
Personal income increased $29.3 billion (0.2 percent) in June according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $24.6 billion (0.2 percent) and personal consumption expenditures (PCE) increased $53.0 billion (0.4 percent).
Real PCE increased 0.3 percent. … The PCE price index increased 0.1 percent. Excluding food and energy, the PCE price index increased 0.1 percent.
On inflation: The PCE price index increased 0.9 percent year-over-year partially due to the sharp decline in oil prices. The core PCE price index (excluding food and energy) increased 1.6 percent year-over-year in June (same as in May).