AI Data Insight
The US Q2 2026 (June) core CPI YoY growth dropped to 2.6%, falling below both the previous value of 2.8% and the market consensus expectation of 2.8%. This wave of cooling primarily benefited from price declines in goods such as used cars and apparel, the slowdown in sticky shelter costs, and a substantial single-month drop in overall energy prices. Looking ahead, although core inflation shows a slowing trend, recent geopolitical tensions in the Middle East pushing up oil prices may pose a potential risk for a short-term price rebound.