# Global inflation and consumer price trends

> Live situation record from CLSTR: https://clstr.news/situations/global-inflation-and-consumer-price-trends
> Updated: 2026-08-31T06:35:08.000Z. Sources: 31. Developments: 3.

Global inflation trends in mid-to-late 2026 show varied economic indicators across different regions. In Thailand, quarterly data from the Agence nationale de la statistique et de la démographie (ANSD) indicated a 0.3% decline in consumer prices during the second quarter of 2026, driven by a 1.0% drop in food and non-alcoholic beverage prices and a 0.6% reduction in housing, water, electricity, gas, and fuel costs. However, on an annual basis, Thailand's consumer price index rose by 1.0% compared to 2025, with a significant 11.4% annual increase in the alcoholic beverages, tobacco, and narcotics sector.

By July 2026, global trends remained mixed. In the United States, the Consumer Price Index rose 0.1% month-on-month with an annual rate of 3.4%, while core CPI cooled to 2.5% annually. The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred gauge, rose 0.2% for the month and 3.7% annually. Federal Reserve Chair Kevin Warsh noted that 54% of the 199 items in the PCE index have risen more than 3% over the past 12 months, suggesting early monetary easing may be difficult to justify. Consequently, the probability of a September interest rate hike fell from 48.4% to 38.1% according to the CME FedWatch tracker.

In Europe, France reported an acceleration in inflation to 2.1% annually due to rising energy and service costs. In North America, Canadian economists projected headline inflation to reach approximately 2.9% for July, influenced by volatile gasoline prices following renewed hostilities in the Middle East.

## Claims

- The U.S. Bureau of Labor Statistics released the Producer Price Index for July 2026. (corroborated by 4 sources)
- The seasonally adjusted Producer Price Index for final demand remained unchanged in July. (corroborated by 2 sources)
- On an unadjusted basis, the index for final demand increased 4.7 percent for the 12 months ending in July. (corroborated by 2 sources)
- 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. (single source)
- Residential building material prices, excluding energy, rose 0.4 percent in July and were up 5.0 percent year-over-year. (single source)
- Softwood lumber prices increased by 7.4 percent during July. (single source)

## Timeline

### 2026-08-31: US inflation data shows PCE rose 0.2% in July

July PCE inflation rose 0.2% monthly and 3.7% annually. Amid persistent price pressures, Federal Reserve commentary has impacted interest rate expectations and caused Bitcoin to dip below $80,000.

5 sources. https://clstr.news/cluster/us-inflation-data-shows-pce-rose-02-in-july

### 2026-08-13: Global inflation trends show mixed July 2026 results

July 2026 inflation data shows a 0.1% rise in U.S. CPI (3.4% annually) and a 2.1% rise in France, driven by energy and services, while U.S. producer prices remained flat.

24 sources. https://clstr.news/cluster/us-producer-price-index-remains-unchanged-in-july

### 2026-08-13: Consumer prices see 0.3% quarterly decline

Consumer prices fell by 0.3% in Q2 2026, driven by lower food and utility costs, though annual inflation remains at 1.0% due to rising costs in healthcare and personal services.

2 sources. https://clstr.news/cluster/consumer-prices-see-03-quarterly-decline

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Cite as: Global inflation and consumer price trends. CLSTR, https://clstr.news/situations/global-inflation-and-consumer-price-trends
