International Economic

US headline CPI reading dips to 3.4pc in July

By Iain Gilbert

Date: Wednesday 12 Aug 2026

(Sharecast News) - US inflation eased in July, with the headline consumer price index slipping to 3.4% year‑on‑year, down from 3.5% in June, as petrol prices fell, even as the economic impact of the conflict in Iran continued to filter through.
The softer headline figure was driven by another decline in...

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