The article discusses the current state of inflation in the United States, noting that overall inflation has eased, with the Consumer Price Index (CPI) rising at an annualized rate of 1.9 percent from January to July 2025. It highlights that core goods inflation, which excludes food and energy prices, has increased modestly but is balanced by a decrease in services inflation.
In the broader international context, U.S. core goods inflation stands at 1.2 percent over the past year, which is significantly lower than inflation rates in other countries. This suggests that price increases in the U.S. are less severe than those observed globally.
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