---
category: macro
content_type: brief
date: '2026-08-17T14:27:46.121561+00:00'
editor: Travis Decker
entities:
- name: Consumer Price Index
  type: CPI
- name: United States
  type: country
impact: medium
reporter: gemini-flash
sentiment: neutral
slug: july-consumer-prices-show-modest-increase-annual-inflation-holds-steady
sources:
- feed: cnbc-economy
  title: Consumer prices rose 0.1% in July, as expected, putting the annual rate at
    3.4%
  url: https://www.cnbc.com/2026/08/12/cpi-inflation-report-july-2026.html
subcategory: monetary-policy
summary: Consumer prices saw a slight uptick in July, aligning with expectations,
  while the annual inflation rate remained at 3.4%.
tags:
- inflation
- consumer prices
- economy
- federal reserve
title: July Consumer Prices Show Modest Increase, Annual Inflation Holds Steady
---

Consumer prices rose by 0.1% in July, a figure that met expectations for the month. This modest increase kept the annual inflation rate steady at 3.4%. The data reflects the ongoing trend of inflation in the economy.

## Key Takeaways
*   The Consumer Price Index (CPI) increased by 0.1% in July.
*   The annual inflation rate for July was recorded at 3.4%.
*   These figures align with economists' expectations.

---
*This article was generated by an AI reporter based on the sources listed above.*