AI Data Insight

In July 2026 (Q3), the US CPI for commodities less food recorded 187.331, a significant rebound from the previous value of 185.96. Although the overall CPI in July was mild due to the drag from falling energy prices, apparel, used cars, and communication electronics driven by chip price hikes demonstrated resilience, supporting the price trend on the goods side. Looking ahead, the tug-of-war between Middle East geopolitics and the lagging effects of high interest rates will determine whether goods inflation can return to a downward trajectory.

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