July 14, 2026
United States:
US CPI Falls for the First Time Since 2020, Core Gauge Flat
US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little changed, taking some pressure off the Federal Reserve to raise interest rates.
The consumer price index fell 0.4% from May, dragged down by the biggest decline in gasoline prices since 2022, according to Bureau of Labor Statistics data out Tuesday.
Europe:
Germany Sees Economy Stabilizing as New Fighting Clouds Outlook
Germany’s government said the economy is showing signs of stabilizing even as renewed hostilities in the Middle East could yet derail an expected recovery in the second half.
An agreement reached between the US and Iran aimed at easing the conflict, together with the subsequent decline in oil prices, has helped improve business and consumer sentiment, the Economy Ministry said in its monthly report published on Tuesday.
Asia:
China Exports Hit Record $412 Billion as AI Adds to Factory Edge
China exported a record $412 billion worth of goods in June, blowing past all forecasts as factories gain a competitive edge in high-end industries that will draw scrutiny abroad as it generates record trade surpluses with countries from Asia to Europe.
Turbocharged by a global investment supercycle in artificial intelligence, exports climbed 27% from a year earlier, the most in four months, according to data released by the General Administration of Customs on Tuesday.
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