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Rank map, news, and discussion for inflation eases in july as gasoline and grocery prices fall npr. · United States · Snapshot day 2026-08-12
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Google News
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 …
Energy prices declined 1.5 percent in July but remain 14.7 percent higher compared with a year ago.
Costs remain elevated for consumers, however inflation is showing some signs of easing, economists say.
Annual US inflation dipped to 3.4% in July, with food costs slowing and housing keeping prices slightly higher.
The formal COLA isn't expected for a couple of months, but projections say it could be one of the largest in years.
A widening deficit and Ukrainian strikes are testing Russia's economy, even as war in the Middle East lifts oil revenue.
Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.
Investors are bracing for an important inflation report that could determine the near-term direction for interest rates.
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