FX.co ★ US Core Inflation Hits 5-Month High, Tops Forecasts

The annual core consumer price inflation rate in the United States, which excludes the fluctuating prices of food and energy, climbed to 3.1% in July 2025. This marks the most significant increase in five months, rising from 2.9% in June and surpassing market predictions of 3%. The prominent shelter index saw an increase of 3.7% over the past year, following a previous rise of 3.8%. Other indices also showed notable annual gains, including medical care (+3.5%), household furnishings and operations (+3.4%), motor vehicle insurance (+5.3%), and recreation (+2.4%). On a monthly basis, core consumer prices increased by 0.3% in July, up from a 0.2% rise in June, aligning with market expectations.