Japanese core-core inflation accelerated to 1.9% in July, pushing market expectations toward an immediate Bank of Japan interest rate hike in September.

US inflation fell 0.4% in June, its largest monthly drop in four years, as gas prices eased and core prices cooled more than expected.

The personal consumption expenditures price index was expected to show a 4.1% annual increase.

Japan headline CPI slowed to 1.3% y/y in Feb 2026 while core-core stayed at 2.5%, raising policy questions ahead of subsidy rollbacks.

​Inflation Trends in 2025 provide crucial insights into economic indicators. Stay informed on CPI data and core inflation trends affecting your finances.

With CPI already out, attention turns to PPI data as analysts refine their core PCE estimates ahead of the Fed's September 16 meeting. Forecasts cluster around a 0.2% monthly core PCE rise, but crucial jobs and inflation data still lie ahead.

Core: * Prior was +2.5% * Core m/m 0.2% vs +0.15% exp * Unrounded core PCE +0.1788% * Supercore (services ex-shelter) * Services inflation Headline PCE: * Headline PCE +2.3% y/y vs +2.3% expected * Deflator +0.1% m/m vs +0.12% expected * Unrounded m/m +0.1358% Consumer spending and income for March : * Personal income -0.4% vs +0.3% expected. Prior month +0.8% * Personal spending -0.1% vs +0.1% expected. Prior month +0.2% * Real personal spending -0.3% vs +0.1% prior * Savings rate USD/JPY was trading at 144.58 ahead of the data and is down to 144.44 afterwards. This isn't a great report on a couple fronts. The headline was in-line (though a touch high unrounded) but core was hotter than expected. The income side was weak and so was spending, which fits in with some of the corporate commentary we've heard (like Target). This article was written by Adam Button at www.forexlive.com.

Investing.com -- Hungary’s annual inflation rate decreased to 4.3% in July, down from 4.6% in June, though the slowdown was less than anticipated. Consumer prices rose 0.4% month-over-month, according to the latest data. Core inflation continued its downward trend, reaching 4% year-over-year in July compared to 4.4% in June. Food prices increased by 0.3% monthly, with seasonal fruits, confectionery products, chocolate, and cocoa contributing to the rise. Services saw a more significant 1% monthly increase, largely due to an 8.9% jump in recreational service prices. Household energy costs climbed 1.2% in July, with gas prices specifically rising 2.3% compared to May. This increase was attributed to the Central Statistical Office’s special accounting method and colder weather conditions in May. Vehicle fuel prices rose 0.3% month-over-month, while pharmaceutical product prices also increased by 0.3%, reflecting government-mandated price reduction measures. Clothing prices fell 1.4% due to summer seasonality, and durable goods prices decreased by 0.2%, potentially supported by stability in the forint currency. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

MEXICO CITY (Reuters) -Mexico’s headline inflation likely slowed in July, although the core index likely remained above the official target, supporting expectations the central bank will slow its pace of interest rate cuts later this week, Reuters poll showed on Monday. The median estimate from 13 analysts forecast headline inflation of 3.53% in the 12 months through July, which if confirmed would be its lowest reading since December 2020. For core inflation, considered a better parameter for measuring price trends because it eliminates highly volatile products, estimates indicate that it stood at 4.23%, slightly below June’s 4.24% but still above the Bank of Mexico’s target of 3%, plus or minus a percentage point. The central bank last month lowered its benchmark rate by half a percentage point, although the decision by the five-member board of governors was not unanimous, after Deputy Governor Jonathan Heath voted to leave it unchanged. According to the minutes from July’s meeting, all four officials who backed the cut — the fourth consecutive cut of that magnitude — said the board may adopt a more gradual approach in future decisions, as inflation shows signs of slowing and economic activity proceeds at a sluggish pace. Compared to the previous month, consumer prices are forecast to have risen by 0.28% in July, while for the core index an increase of 0.30% is expected, according to the survey. The official data will be released on Thursday, a few hours before the central bank’s rate decision. The central bank has cut its benchmark rate by 325 bps since early 2024 as part of a monetary easing cycle that began after the rate reached a record high of 11.25%. (Polling by Gabriel Burín in Buenos Aires; Written by Noé Torres and Benjamín Mejías Valencia, Editing by Alistair Bell)

TOKYO (Reuters) -Core consumer inflation in Japan’s capital stayed well above the central bank’s 2% target in July, data showed on Friday, adding to renewed market expectations for another interest rate hike this year. The data will be among factors the Bank of Japan will scrutinise at its next rate review on July 30-31, when the board is expected to revise up this fiscal year’s inflation forecast in a quarterly review of its projections. The Tokyo consumer price index (CPI), which excludes volatile fresh food costs, rose 2.9% in July from a year earlier, government data showed, slightly below a median market forecast for a 3.0% increase. It followed a 3.1% rise in June. A separate index for Tokyo that strips away both fresh food and fuel costs - closely watched by the BOJ as a measure of domestic demand-driven prices - rose 3.1% in July from a year earlier after a 3.1% gain in June, the data showed. The BOJ exited a decade-long, radical stimulus programme last year and raised short-term interest rates to 0.5% in January on the view Japan was on the cusp of sustainably hitting its 2% inflation target. While the central bank has signalled readiness to raise rates further, the economic impact of higher U.S. tariffs forced it to cut its growth forecasts in May and complicated decisions around the timing of the next rate increase. But U.S. President Donald Trump’s surprise announcement on Wednesday of a trade deal with Japan has diminished uncertainty over the country’s economic outlook, prodding some investors to renew their bets on another rate hike by the end of this year. A Reuters poll, taken before the trade deal announcement, showed a majority of economists expect the BOJ to raise its key interest rate again by year-end, though most expect the bank to stand pat at this month’s meeting.

SINGAPORE (Reuters) -Singapore’s key consumer price gauge rose 0.6% in June from a year earlier, official data showed on Wednesday, lower than economists’ forecasts. The core inflation rate, which excludes private road transport and accommodation costs, compared with a forecast of 0.7% in a Reuters poll of economists. Headline inflation was 0.8% in annual terms in June, lower than economists’ forecast of 0.9%. The data was released a week ahead of the Monetary Authority of Singapore’s review of its policy settings on July 30. EToro market analyst Josh Gilbert said the softer-than-expected inflation rate adds weight to expectations that the central bank will loosen monetary policy. "With growth still sluggish and inflation now well contained, it will be harder for MAS to justify holding policy steady, and today’s data strengthens that argument," he said. It also reduced its forecasts for both core and headline inflation this year to 0.5% to 1.5%. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

OTTAWA (Reuters) -The Bank of Canada is expected to hold interest rates at 2.75% on Wednesday, with rising core measures of inflation and better-than-expected gross domestic product growth in the first quarter seen pushing policymakers towards a pause. According to a majority of economists in a Reuters poll, the BoC will hold interest rates at its June meeting, but at least two more cuts are likely this year. Economists said the bank will likely adopt a wait-and-see approach as the impact of tariffs imposed by U.S. President Donald Trump plays out on the Canadian economy. "While growth has been soft and the labor market has been deteriorating, firm underlying inflation measures and trade policy uncertainty are likely to give the BoC some pause," said David Doyle, head of economics at Macquarie. Canada’s annual inflation rate fell to 1.7% in April due to a drop in energy prices, but closely tracked core measures of inflation rose above the bank’s target range of 1% to 3% in the same month. The bank paused its rate-cutting cycle in April after seven cuts in a row, as a 225-basis-point reduction over a space of nine months helped prepare the economy to withstand the impact of tariffs. GDP growth also surprised in the first quarter, taking away some incentive to cut rates, economists said. First-quarter gross domestic product grew by 2.2% on an annualized basis driven by exports to the U.S., data showed last week, helping shrink expectations of a rate cut in June. Currency swap markets show the odds for no cut on Wednesday now stand at close to 78%. However, there are signs that tariff impacts are starting to take a toll on the economy, prompting some economists to call for a cut. Domestic consumption was practically absent in the first quarter, an advance estimate of April GDP was not encouraging and the unemployment rate rose to 6.9% in April, the highest since November. "It would be prudent for the Bank of Canada to cut... to get ahead of what is clearly a weakening economy in Canada," said Randall Bartlett, senior director of Canadian economics at Desjardins. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year.. In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if BMO is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.