[ComputerGuy]

Brandon must be getting control of the situation.

[KeyLargo]

Simple, it is demand:

Fuel prices are going down and the reason is that people are driving less, because gas prices are high.

Which is the ultimate goal of the Democrats.

[Dan in Wichita]

The media will be selling the idea the “Inflation Control Act” is already bringing down inflation (even though the Act has not been finalized into law). Automatically, 40%+ of the people will believe it.

[I want the USA back]

“consumer prices did not rise in July”
Reuters is skilled at lying. Consumer prices rose. Gasoline prices dropped. The average of prices, according to them, did not increase.

But gas prices had gone up in April and May. This price drop is nothing to crow about.

Prices remain high. biden is an America-hating dork.

[BlackbirdSST]

None of these numbers are reliable. They should square them up and shove it sideways.

[Go Gordon]

If they can get the economy to dip further into recession (more negative GDP), the inflation problem would be under control. Problem solved. Everybody happy. Let’s elect more democrats!

[Night Hides Not]

If the CPI is unchanged from the previous month, wouldn’t that mean that inflation was still moving at a 9%+ clip?

[Reno89519]

Surprising that the drop in fuel prices didn’t have more impact. What would the rate have been had energy costs remained unchanged?

[Oldeconomybuyer]

AP Headline: “US inflation slips from 40-year peak but remains high 8.5%“

Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June. On a monthly basis, prices were unchanged from June to July, the smallest such rise more than two years.

Still, prices have risen across a wide range of goods and services, leaving most Americans worse off.

https://apnews.com/article/us-inflation-july-report-ec477624de30115dd49f35009b2659c0

[TomGuy]

U.S. consumer prices did not rise in July

No? Granted is was August 8 that I was in Aldi's and noticed their 24-oz can of Colombian coffee was up about $3.00 over what is was just a month previous.

Will lower gas prices be enough to offset the wildfire grocery inflation prices? Probably not, but it makes the out-of-touch admin feeeeeeeel good.

[falcon99]

In what convoluted world is an 8.5 percent increase not an increase. Guess Rueters is using the old “new math”. The rate of increase dropped, but it still increased.