IC Insights predicts 5.0% inflation for July 2026

IC Insights, a leading research firm, expects a modest decline in headline inflation for July 2026, forecasting an inflation of 5.

The June inflation spike represents the 3rd consecutive month of uptick in annual inflation and the steepest increase in headline inflation since late 2024 when food supply shocks reversed the disinflation trend.“We perceive easing upside risk and expect a modest decline in headline inflation for July 2026.