AI Data Insight
According to the latest data from DataTrack, the US CPI month-over-month growth rate for Q3 2026 (2026-08-01) reached 0.3%, significantly heating up from the previous value of 0.0% and breaking the recent trend of cooling inflation. This data rebound was mainly driven by soaring oil prices triggered by the Middle East situation and rising core service costs such as housing. The higher-than-expected price pressure has significantly boosted market bets on a Fed rate hike in September, further highlighting the potential sticky inflation risk from future AI cost transmission.