
July CPI Report Shows Inflation Easing to 3.4% Annual Rate as the Energy Shock Fades
Consumer prices rose 0.1% in July 2026 on a seasonally adjusted basis, the Bureau of Labor Statistics reported on August 12, extending a two-month cooling trend after the energy-driven inflation spike that pushed the annual rate to 4.2% in May. The 12-month inflation rate slowed to 3.4%, down from 3.5% in June, while core prices excluding


































