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Global inflation trends show mixed July 2026 results
Global inflation data for July 2026 shows varied trends across major economies. In the United States, the Consumer Price Index (CPI) rose 0.1% month-on-month, with the annual rate at 3.4%. While this indicates a slight reversal from June's disinflation, core CPI cooled to 2.5% annually. The Producer Price Index (PPI) for final demand remained unchanged for the month, though unadjusted annual demand rose 4.7%. Within the construction sector, residential building material prices (excluding energy) increased 0.4% monthly and 5.0% annually, driven by a 7.4% jump in softwood lumber prices.
In Europe, France reported an acceleration in inflation, with the national CPI rising to 2.1% annually, up from 1.8% in June. This increase was largely attributed to rising energy costs—specifically gas and petroleum—and service sector growth. The harmonized index (HICP) for France reached 2.4% annually.
In North America, Canadian economists project headline inflation to rise to approximately 2.9% for July, driven by volatile gasoline prices following renewed hostilities in the Middle East. Meanwhile, in Asia, Thailand's CPI rose 1.95% year-on-year, a four-month increase that slowed compared to the previous month due to falling domestic crude prices.
Entities
Bank of Canada · Bureau of Labor Statistics · Federal Reserve · France · INSEE · Thailand Ministry of Commerce · U.S. Bureau of Labor Statistics
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The seasonally adjusted Producer Price Index for final demand remained unchanged in July. tedmag.com · eyeonhousing.org
- [○ 1 SOURCE] Residential building material prices, excluding energy, rose 0.4 percent in July and were up 5.0 percent year-over-year. eyeonhousing.org
- [● 2 SOURCES] On an unadjusted basis, the index for final demand increased 4.7 percent for the 12 months ending in July. tedmag.com · eyeonhousing.org
- [● 4 SOURCES] The U.S. Bureau of Labor Statistics released the Producer Price Index for July 2026. tedmag.com · que.com · constructionexec.com · eyeonhousing.org
- [○ 1 SOURCE] Softwood lumber prices increased by 7.4 percent during July. eyeonhousing.org
- [○ 1 SOURCE] A 0.2 percent increase in final demand services and a 2.2 percent increase in construction prices offset a 0.7 percent decrease in final demand goods in July. tedmag.com