U.S. inflation prints negative for the first time since May 2020, July headline CPI at -0.019 M/m
On a monthly basis, fuel oil declined the most, followed by gasoline prices
Electricity and food were the largest increases seen in July
Food inflation increased to 1.1% M/m; Prev. 1.0%
Gasoline prices fell 7.7% M/m; Prev. +11.2%
Energy declined by 4.6% M/m; Prev. +7.5%
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