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Is inflation’s decline starting to lose momentum? #StateStreetPriceStats showed US inflation rose 0.07% month-over-month in July, after a 0.18% decline in June. But here’s the twist: The annual inflation rate eased, settling at 4.24%, down from over 5% in May. The takeaway? Inflation continues to move in the right direction, just at a slower pace. Read the latest State Street PriceStats analysis to see what is driving the trend. https://lnkd.in/gc6SxMD2