This stacked area chart shows the weighted average share of non-housing services subcomponents in the Personal Consumption Expenditures price index basket with price changes above or below specified thresholds. The x-axis conveys a time period from 2012 to 2026, while the y-axis depicts percentages ranging from 0% to 100%. The chart labels refer to year-over-year inflation rates of “Less than 3%,” “3% to 4%,” and “More than 4%.” Each category fluctuates significantly over the course of the time period, with “Less than 3%” generally trending downward. The most recent reading points to continued broad-based price pressures, with nearly 34% of subcomponents having a year-over-year inflation rate above 4% and about 25% of subcomponents having an inflation rate of 3% to 4%.