#usjulycpi&ppiduethisweek 🇺🇸 US July CPI & PPI — This Week
The July 2026 U.S. inflation data has already been released this week:
DataReleaseActualKey takeawayJuly CPI MoMAug. 12+0.1%Softer than fearedCore CPI MoMAug. 12+0.2%ModerateCPI YoYAug. 123.4%Down from 3.5%July PPI MoMAug. 130.0%Below expectationsPPI YoYAug. 134.7%Down from 5.5%Core PPI MoMAug. 13+0.2%Relatively contained
CPI increased only 0.1% month-over-month, while core CPI rose 0.2%; annual CPI eased to 3.4%. citeturn0news31
PPI was particularly soft: 0.0% MoM versus expectations around +0.2%, while annual PPI slowed to 4.7%.
📈 Impact on Gold & Crypto
Soft CPI + Soft PPI = generally bullish for Gold and potentially supportive for BTC, because the data reduce immediate inflation pressure on the Fed.
For XAUUSD, the key reaction is:
🔵 Lower inflation → potentially weaker USD / lower yields → Gold bullish
🔴 Higher inflation → stronger USD / higher yields → Gold bearish
⚠️ Despite the soft numbers, Gold has remained below $4,500, so price action and Treasury yields still matter.
For Bitcoin, softer inflation can improve expectations for easier monetary policy, but BTC can still react sharply to USD and bond-yield movements.
Important: PPI was scheduled for August 13 at 8:30 a.m. ET, so it is no longer “due” today. The next major inflation release to watch is August CPI, ahead of the September Fed meeting.
The July 2026 U.S. inflation data has already been released this week:
DataReleaseActualKey takeawayJuly CPI MoMAug. 12+0.1%Softer than fearedCore CPI MoMAug. 12+0.2%ModerateCPI YoYAug. 123.4%Down from 3.5%July PPI MoMAug. 130.0%Below expectationsPPI YoYAug. 134.7%Down from 5.5%Core PPI MoMAug. 13+0.2%Relatively contained
CPI increased only 0.1% month-over-month, while core CPI rose 0.2%; annual CPI eased to 3.4%. citeturn0news31
PPI was particularly soft: 0.0% MoM versus expectations around +0.2%, while annual PPI slowed to 4.7%.
📈 Impact on Gold & Crypto
Soft CPI + Soft PPI = generally bullish for Gold and potentially supportive for BTC, because the data reduce immediate inflation pressure on the Fed.
For XAUUSD, the key reaction is:
🔵 Lower inflation → potentially weaker USD / lower yields → Gold bullish
🔴 Higher inflation → stronger USD / higher yields → Gold bearish
⚠️ Despite the soft numbers, Gold has remained below $4,500, so price action and Treasury yields still matter.
For Bitcoin, softer inflation can improve expectations for easier monetary policy, but BTC can still react sharply to USD and bond-yield movements.
Important: PPI was scheduled for August 13 at 8:30 a.m. ET, so it is no longer “due” today. The next major inflation release to watch is August CPI, ahead of the September Fed meeting.