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Event Brief

US inflation eases as food costs cool

Annual US inflation fell to 3.4% in July as food costs slowed and housing stayed slightly higher.
WHO: US inflation data
WHAT: Annual US inflation dipped to 3.4% in July as food costs cooled and housing prices stayed slightly higher.
WHEN: Reported Aug 12, 2026 at 10:07 AM ET
WHERE: USA
WHY: Cause not yet established.

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