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Inflation news — August 1, 2026

Publications tagged with Inflation published on August 1, 2026 (UTC). This is a fixed calendar-day archive.

17 publications

Business Inflation Budget
Aug 1, 2026, 19:15 UTC
Fed President Defends Interest Rate Hike to Combat Inflation
The President of the Federal Reserve defended the recent interest rate hike, stating that it was necessary to combat inflation in the United States. The Fed official emphasized that the current rate was insufficient to contain rising prices.
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Business Inflation Trade Commodities
Aug 1, 2026, 19:14 UTC
August Inflation: Price Hikes in Transportation, Tariffs, and Rents
August started with a surge in prices across various sectors, including transportation, tariffs, rents, schools, and prepayments. Alongside existing inflation-linked update schemes, a new mechanism was introduced to adjust gas tariffs during the ongoing energy crisis.
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Business Inflation Trade
Aug 1, 2026, 19:13 UTC
Exchange Rate Fluctuations Impact Goods Prices
The increase in exchange rate rapidly affects the prices of goods, but when it decreases, prices do not decrease proportionally. This trend needs to be corrected.
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World Asia Inflation Budget
Aug 1, 2026, 19:12 UTC
Indian Firms Plan Fresh Price Hikes
India’s largest consumer companies are set to increase prices on a range of products from toothpaste to tires and paint. This is the second consecutive quarter of price hikes, driven by elevated commodity costs due to the ongoing Middle East conflict. The move could further boost inflation, which has already risen above the Reserve Bank of India’s 4% target.
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Science Inflation
Aug 1, 2026, 19:11 UTC
Japanese Scientists Develop Inflammation-Suppressing Therapy
Researchers in Japan have created a therapy to inhibit deadly inflammation. The treatment involves introducing extracellular vesicles into the body, which suppress life-threatening inflammatory responses associated with severe infections and organ damage. The method has been successfully tested on mice with acute pneumonia.
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World Inflation
Aug 1, 2026, 14:23 UTC
Italy's Inflation Rate Rises to 2.8% in July
Consumer prices in Italy increased by 0.2% in July compared to the previous month and by 2.8% compared to the same month last year. This brought the inflation rate to 2.8%, with grocery prices remaining stable at 1.3%. The Eurozone's inflation rate rose to 2.9% during the same period.
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Business Inflation Budget
Aug 1, 2026, 14:21 UTC
Consumer Sentiment Rises in July
Consumer sentiment improved in July as gasoline prices decreased and inflation indexes turned negative. The University of Michigan's final July sentiment index rose to 55.2, surpassing expectations.
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Politics Executive Inflation
Aug 1, 2026, 14:07 UTC
Fed's Logan Backs Immediate Rate Hike
Fed Governor Lorie Logan expressed her preference for a 25 basis point (bp) rate hike, stating that inflation risks remain tilted to the upside and the solid job market is strengthening. She argued that taking modest action now would reduce the risk of more aggressive tightening later, as monetary policy is not restraining the economy and inflation is not on course to return to the 2% target.
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Tech Europe Inflation Budget
Aug 1, 2026, 13:46 UTC
Inflation Surge in Germany After Fuel Discount Ends
Consumer prices in Germany rose by 0.8% in July compared to June, pushing the inflation rate up to 2.8%. The end of the state-ordered fuel discount and continued high energy prices, particularly for gasoline and heating oil, contributed to this increase. Food prices also rose slightly (0.4%), while services became 2.9% more expensive. Economists warn that the effects of the energy price shock on inflation are not yet fully materialized, and further increases are expected in the coming months.
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Business North America Inflation Commodities
Aug 1, 2026, 10:08 UTC
German Economy Grows Slightly in Q2 Despite Iran Conflict
The German economy grew by 0.2 percent in the second quarter, defying expectations and the impact of the Iran conflict. Exports helped drive growth, while consumer spending and investments remained muted. This marks the third consecutive quarter of growth, but economists remain cautious about the outlook due to ongoing global challenges.
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Tech Inflation Trade Equities
Aug 1, 2026, 09:55 UTC
Bank of England Predicts Inflation Rise
The Bank of England has forecasted that inflation will increase this year, with markets anticipating an interest rate hike in autumn. The prediction comes as rate-setters are divided on the issue of a hike.
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U.S.Inflation
Aug 1, 2026, 09:54 UTC
U.S. Inflation Rate Drops Slightly in June
The Personal Consumption Expenditures (PCE) price index, the U.S. central bank's preferred inflation gauge, fell slightly in June. The headline PCE index decreased by 0.1% month-over-month, while the core PCE index rose by 0.1%. Annual inflation remained elevated at 3.7% for headline and 3.3% for core. The temporary drop was primarily due to lower oil prices following a brief truce with Iran, but energy prices are already rebounding.
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U.S.Inflation
Aug 1, 2026, 09:50 UTC
U.S. Inflation Falls to 3.5% in June
Inflation in the USA decreased to 3.5% in June, marking its first decline in five months, as expected by economists.
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U.S.Inflation
Aug 1, 2026, 09:49 UTC
US PCE Inflation Falls to 3.7% YoY
The US Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation measure, rose 3.7% in June from a year ago, in line with market expectations. This marks a decrease from the previous reading of 4.1%. The core PCE price index, which excludes volatile food and energy prices, increased 3.286526% year-over-year, slightly below the forecast of 3.3%.
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U.S.Inflation
Aug 1, 2026, 09:48 UTC
US Inflation Slows to 3.7% in June
The US inflation rate, as measured by the Personal Consumption Expenditure (PCE) index, slowed to 3.7% in June. This index is one of the main indicators used by the Federal Reserve to gauge price pressures. The easing was largely driven by a decrease in energy costs.
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U.S.Inflation Budget Trade
Aug 1, 2026, 09:46 UTC
U.S. Economy Slows in Second Quarter Amid Iran War
The U.S. economy is expected to have slowed slightly in the second quarter, with economic activity weakening between April and June. This slowdown is attributed to the ongoing Iran war, which has led to surging energy costs.
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Business Inflation Budget
Aug 1, 2026, 09:44 UTC
GDP Growth in Q2 2026
The Gross Domestic Product (GDP) growth for the second quarter of 2026 was estimated at 0.2% quarter-on-quarter and 1.5% year-on-year, according to various sources. This was seen as better than expected by some officials.
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