U.S. July CPI and Core Inflation Metrics Meet Market Forecasts

US July annual CPI hit 3.4% and core CPI 2.5%, both aligning with expectations, signaling stable inflation trends without surprise volatility.

Woofun AI data shows that the U.S. unadjusted annual CPI for July registered at 3.4%, matching the forecast of 3.4% and rising from the prior reading of 3.50%. The unadjusted core CPI for July stood at 2.5%, consistent with the expected 2.50%, down from the previous 2.60%.

Additionally, the adjusted core CPI exhibited a monthly increase of 0.2%, in line with the 0.20% forecast, compared to 0.00% previously.