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July Inflation Reaches 3.36% As U.S. Labor Market Shows Signs Of Cooling

By Ethan Faverino | The Joint Economic Committee released its Monthly Inflation Update for July 2026, showing that consumer prices continued to rise, while real earnings remained mostly steady during the month. According to the report, the headline Consumer Price Index for All Urban Consumers (CPI-U) increased 0.07% from June to July and rose 3.36% over the previous year. Core CPI, which excludes food and energy prices, increased 0.22% in July a…
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AZ FREE NEWS - Your #1 Source for Arizona News & Politics! broke the news on Friday, August 14, 2026.
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