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Event Brief

US inflation eases to 3.4% in July

Annual US inflation fell to 3.4% in July as food costs slowed and housing rose slightly.
WHO: US inflation data
WHAT: Annual US inflation dipped to 3.4% in July, with food costs slowing and housing keeping prices slightly higher.
WHEN: Reported Aug 12, 2026 at 5:05 PM ET
WHERE: USA
WHY: Cause not yet established.
Sources (3): BBC News, Financial Times, NPR

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