US August inflation breadth shows signs of cooling. While the revised core Personal Consumption Expenditures (PCE) has slowed, 51% of the PCE basket goods still saw an annualized increase of 3% or more, largely unchanged from recent months. However, on a six-month annualized basis, the share of the PCE basket with inflation exceeding 3% fell to 44% in August, down from 49% in July, marking the lowest level since October 2025. This suggests that while inflation remains broad, underlying price pressures are easing.