{"date":"2026-08-12","slug":"2026-08-12-us-us-cpi-july-2026","event":"US CPI (July 2026)","country":"US","category":"inflation","importance":"high","actual":"3.4%","forecast":"3.4%","previous":"3.5%","unit":"% YoY","surprise":"inline","affected_markets":[{"why":"In-line inflation eases pressure on the Fed to hike rates, sparking a premarket relief rally led by growth stocks.","market":"US equities (tech/semiconductors)","direction":"up"},{"why":"Cooling inflation reduces the odds of a September rate hike, pulling short-term yields lower.","market":"US 2-year Treasury yield","direction":"down"},{"why":"Data matched consensus, leaving Fed policy expectations only modestly changed.","market":"US Dollar","direction":"neutral"}],"analysis_en":{"headline":"US CPI rises 3.4% year-over-year in July, matching forecasts","learning":"For markets, an inflation report rarely matters for its raw number alone — what moves prices is whether it beats, misses, or matches what economists already expected. An 'in-line' print like this one lowers uncertainty and tends to calm markets, while a surprise in either direction forces investors to rethink their bets on interest rates, often triggering sharp swings.","market_impact":"The reading matched Wall Street's consensus forecast, easing pressure on the Federal Reserve to raise interest rates in September. Tech and semiconductor stocks rallied in premarket trading, and the 2-year Treasury yield fell. Futures markets trimmed the odds of a September rate hike from about 45% to 42%.","what_it_means":"The Consumer Price Index (CPI) tracks how much prices rise for the goods and services households buy. In July, prices rose 0.1% from June and 3.4% from a year earlier, down slightly from June's 3.5%. Core CPI, which strips out volatile food and energy prices, rose 0.2% for the month and 2.5% over the past year."},"source_url":"https://www.cnbc.com/2026/08/12/cpi-inflation-report-july-2026.html","occurred_at":"2026-08-12T16:08:01.046+00:00","published_at":"2026-08-12T16:08:01.047+00:00","brief_url":"https://vectorialdata.com/economia/2026-08-12-us-us-cpi-july-2026/brief.md","page_url":"https://vectorialdata.com/economia/2026-08-12-us-us-cpi-july-2026","json_ld":{"@context":"https://schema.org","@type":"Dataset","name":"US CPI (July 2026) — 2026-08-12","description":"US CPI rises 3.4% year-over-year in July, matching forecasts","creator":{"@type":"Organization","name":"Vectorial Data","url":"https://vectorialdata.com"},"license":"https://vectorialdata.com/terms","variableMeasured":"US CPI (July 2026) (% YoY)","temporalCoverage":"2026-08-12","isAccessibleForFree":true,"distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://vectorialdata.com/api/economic-events/2026-08-12-us-us-cpi-july-2026"},{"@type":"DataDownload","encodingFormat":"text/markdown","contentUrl":"https://vectorialdata.com/economia/2026-08-12-us-us-cpi-july-2026/brief.md"}]},"disclaimer":"Vectorial Economía is descriptive educational information about macro data. Not investment advice."}