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August 26, 2026
Core Inflation Holds Steady at 3.3% in July Amid Ongoing Economic Pressures
- Core inflation, excluding food and energy, remained at 3.3% in July, unchanged from June, despite rising costs in services.
- Overall inflation measured by the personal consumption expenditures price index rose 3.7% year-over-year, consistent with June's figures.
- The Commerce Department plans to revise how it calculates certain service costs, which may lower future inflation measurements.
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3 Sources
- Fed’s preferred inflation gauge shows core prices rose 3.3% annually in JulyAug 26, 2026 at 12:35 PM · CNBC
- Fed’s preferred inflation gauge remains flat at 3.7 percent in JulyAug 26, 2026 at 12:44 PM · The Hill
- US iflation remains elevated with conflict in Iran ongoing and new trade fights emergingAug 26, 2026 at 3:15 PM · AP