US inflation eases as food costs cool

Annual US inflation dipped to 3.4% in July, with food costs slowing and housing keeping prices slightly higher.

Cooler Inflation Gives Fed Breathing Room | Open Interest 8/12/2026

Get a jump start on the US trading day with David Gura and Vonnie Quinn on "Bloomberg Open Interest." Inflation cools, giving the Fed more breathing room as AI earnings reignite the trade. Oil wavers as Trump escalates rhetoric over the Strait of Hormuz. Plus, Goldman makes a $2.25 billion ETF bet, the Lakers sell for a record $12 billion, Firefly CEO Jason Kim on surging launch demand, and Link Logistics CEO Luke Petherbridge on AI’s warehouse boom. (Source: Bloomberg)

Inflation Eased Slightly in July, but Prices Remain Elevated as War Drags On

Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.

By Lydia DePillis

Kevin Warsh is struggling to escape his predecessor’s problems

High inflation, weak jobs numbers and presidential interference trouble the Federal Reserve

July inflation decline does not mean Fed’s September rise is off the table

Headline and core inflation rates were both lower, with energy prices registering another decline over the month

Annual inflation cooled slightly in July despite renewed Iran conflict

The consumer price index rose at a 3.4 percent annual pace in the year ending in July, down slightly from 3.5 percent in June, according to new Labor Department data.

By Steve Thompson

Inflation in US cooled slightly to 3.4% in July, according to latest data

Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war US consumer prices cooled slightly in July as the annualized inflation rate dipped down to 3.4%, though prices still remain higher than levels seen before the war with Iran. Though inflation decreased 0.7% in June during a brief ceasefire between the US and Iran that brought energy prices down, consumer prices have remained elevated. Price increases hit a three-year hi...

By Gaya Gupta

Inflation eases in July as gasoline and grocery prices fall

Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need to raise interest rates in September.

By Scott Horsley

US consumer inflation slows in July as energy prices briefly retreat

Energy prices declined 1.5 percent in July but remain 14.7 percent higher compared with a year ago.

Here's the inflation breakdown for July 2026 — in one chart

Costs remain elevated for consumers, however inflation is showing some signs of easing, economists say.

China’s EV sales slide again amid fading incentives, weak demand and persistent price war

Deliveries of electric vehicles (EVs) in China fell 3.9 per cent in July from a year earlier, extending their decline to a seventh consecutive month as fading government incentives and weaker consumer demand weighed on the market. Domestic sales of pure electric and plug-in hybrid vehicles last month also fell 5.8 per cent from June, according to data from the China Passenger Car Association (CPCA). “A bleak market outlook is likely to affect most small [EV] companies, as some of them will be...

By Daniel Ren

Stocks steady as US inflation cools as expected

US inflation figures took top billing as the market weighs the chances of an interest rate increase by the Federal Reserve.

By Jeremy Cutler

US inflation eases slightly to 3.4% in July, but remains well above the Fed’s target

Consumer prices rose 0.1% from the previous month

By Jesús-Sérvulo González Moreno

Inflation Rose As Expected In July—But Not Enough To Force An Interest Rate Hike, Analysts Say

Another inflation reading comes as the Federal Reserve mulls potential interest rate hikes.

By Ty Roush, Forbes Staff

Inflation is expected to cool again in today's July CPI report

The Bureau of Labor Statistics will publish new consumer price index data. Allison Joyce/Bloomberg via Getty Images The Bureau of Labor Statistics will publish new consumer price index data at 8:30 a.m. ET. Economists expect inflation to have cooled modestly in July, with wage growth still falling short. There will be another CPI report before the Fed meets again to decide on interest rates. We're about to find out if inflation continued to cool off. The Bureau of Labor Statistics will publ...

Inflation came in perfectly on forecast. Almost everything underneath it is a ‘mess’ as wages struggle to keep up

CPI data: Retail inflation moves up to 4.45% in July; above RBI's target for 2nd month

Based on the All India Consumer Food Price Index (CFPI), provisional food inflation stood at 5.52% year-on-year in July 2026. Rural food inflation was estimated at 5.79%, whereas the corresponding rate for urban India was 5.05%.

By TOI BUSINESS DESK

US inflation slows slightly in July despite elevated fuel prices

US inflation eased slightly to 3.4 per cent in July, potentially giving the Federal Reserve more flexibility on interest rates ahead of the midterm elections.

RoboStrategy NAV rises 7.7% to $11.32/share in July

Italy's annual inflation rate edged down to 2.9% in June - Istat

(ANSA) - ROME, AUG 12 - Italy's annual inflation rate fell to 2.9% in July from 3% in June, Istat on Wednesday. The national statistics agency revised up its definitive figure after putting the inflation figure for July at 2.9% in its provisional estimate. "The slight slowdown in inflation reflects the price dynamics of non-regulated energy products (from +13.3% to +11.4%), of unprocessed food (from +4.4% to +3.6%) and of miscellaneous services (from +2.5% to +1.8%)," Istat said. Istat said i...

By ANSA

Stocks, Bonds Rise as Tame CPI Curbs Fed-Hike Bets: Markets Wrap - SWI swissinfo.ch

Stocks, Bonds Rise as Tame CPI Curbs Fed-Hike Bets: Markets Wrap  SWI swissinfo.ch

Stocks, Bonds Rise as Tame CPI Curbs Fed-Hike Bets

An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve rate increases despite elevated oil prices.

By Rita Nazareth

Rate-Hike Odds Tumble As US Consumer Price Inflation Prints Slowest Since Pre-War

Rate-Hike Odds Tumble As US Consumer Price Inflation Prints Slowest Since Pre-War July's ongoing decline in oil prices (before the late July/early August rebound) should support lower prices in today's CPI print (with portfolio management impacts expected to be a bigger upside deal for PCE as stocks soared) but expectations were for an uneventful 0.1% MoM rise in the headline print. And the print was perfectly in line, rising 0.,1% MoM and 3.4% YoY (down from +3.5% in June) - th...

By Tyler Durden

US consumer inflation eases slightly to 3.4% in July

U.S. consumer inflation slowed slightly to 3.4% on an annual basis in July despite unstable oil prices due to the Iran war, official data showed on Wednesday, likely giving the Fed...

CPI Dragged Down by Energy, Hotels & Motels (Shelter), Auto Insurance, and Meat (Finally)

But inflation thrived in housing, electronics (hit by the AI boom), medical services, auto repair, used vehicles, etc.

By Wolf Richter

Fuel costs up over 22% in a year, pushing Dutch inflation to 3.2% in July

Motor fuel prices jumped 22 percent in July compared to last year, up from a 17.3 percent increase in June.

By 90939

Inflation in Romania falls to 8.2% in July, down from 10.4% the previous month

By radu.dumitrescu