Inflation Declined In July
2025-09-01 03:48:00 ET
By William J. Luther
Originally published on August 30, 2025
New data from the Bureau of Economic Analysis show that inflation ticked down in July. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at an annualized rate of 2.4 percent in July, down from 3.5 percent in the prior month. It has averaged 2.5 percent over the last six months and 2.6 percent over the last year....
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