Inflation Cooling But Gas Prices Rise Again | Wilmington News

Wilmington News Today | 2 Min News | The Daily News Now! · Jul 14, 2026 · 1m

Inflation’s cooling trend offers a breath of fresh air—prices dipped last month, the first time in nearly four years, with gas finally easing from its peak. But don’t celebrate too soon: Middle East tensions are already jacking up oil prices, threatening to push gas costs back up and ripple through everything from groceries to flights. While hotel prices spiked due to big events like the World Cup, car prices (new and used) are falling, yet services like dining and healthcare keep climbing faster than pre-pandemic. Core inflation, excluding food and energy, remains stubbornly steady…