The complete analytics and charts of this edition of The US Inflation Trend Chartbook are available in a pdf file — see link at the end of this summary. This report is sent to subscribers of The US Business Cycle Risk Report.
Consumer inflation eased again in July for both headline and core measures. Today’s update suggests that the Iran-related inflation spike has peaked. There are at least two key caveats to consider, as discussed below, but the July report points to a mild run of disinflation may be gaining momentum.
