Inflation eases in July as gasoline and grocery prices fall
- Posted on August 12, 2026
- By NPR
- 0 Views
- 1 min read
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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.
