US CPI Rebounds in July

2026-08-12 12:45 By Joana Taborda 1 min. read

The CPI in the US edged up 0.1% month-over-month in July 2026 as expected, rebounding from a 0.4% decline in June, which marked the first monthly drop since May 2020.

The index for shelter rose 0.1%, accounting for roughly two-thirds of the monthly total increase.

Food prices also were up 0.1% and other increases were seen for medical care (0.4%), airline fares (2.2%), communication (0.6%), education (0.5%), and recreation (0.2%).

In contrast, gasoline prices decreased 2.9% and motor vehicle insurance was down 0.3%.



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US CPI Rebounds in July
The CPI in the US edged up 0.1% month-over-month in July 2026 as expected, rebounding from a 0.4% decline in June, which marked the first monthly drop since May 2020. The index for shelter rose 0.1%, accounting for roughly two-thirds of the monthly total increase. Food prices also were up 0.1% and other increases were seen for medical care (0.4%), airline fares (2.2%), communication (0.6%), education (0.5%), and recreation (0.2%). In contrast, gasoline prices decreased 2.9% and motor vehicle insurance was down 0.3%.
2026-08-12
US Consumer Prices Drop For First Time Since 2020
US consumer prices fell 0.4% month-over-month in June 2026, reversing May’s 0.5% rise and surpassing expectations of a 0.1% drop. This was the first monthly decline since May 2020 and the largest since April 2020, primarily due to a 5.7% drop in energy prices as crude prices fell from multi-year highs. Energy prices had previously risen 3.9% in May, 3.8% in April, and 10.9% in March. Additional downward pressure came from motor vehicle insurance, communication, apparel, medical care, and used cars and trucks. Food prices, however, rose 0.2%, with both food at home and away from home increasing equally. Other rising categories included recreation, household furnishings and operations, and personal care. The core CPI, which excludes food and energy, remained unchanged, below forecasts of a 0.2% rise.
2026-07-14
US CPI Rises 0.5% MoM in May
The CPI in the US rose 0.5% month-over-month in May 2026, slowing from a 0.6% rise in April and matching forecasts. Energy prices increased 3.9%, after rising 3.8% in April and 10.9% in March. The energy index accounted for over 60% of the monthly increase, amid the energy shock caused by the conflict with Iran. Gasoline soared 7% and fuel oil went up 3.8%. Meanwhile, prices also increased for shelter (0.3%) and food (0.2%). Other gains were seen in prices for communication (1.3%), airline fares (2.7%), medical care (0.3%), personal care (1%), and recreation (0.3%). Conversely, the indexes for motor vehicle insurance (-1.7%), household furnishings and operations (-0.6%), and new vehicles (-0.3%) decreased.
2026-06-10