https://cdnph.upi.com/ph/st/th/1001786546631/2026/upi_com/545a33efc8c15ce7da7af280e0fa5df4/v1.5/Julys-annual-inflation-rate-accelerates-after-04-dip-in-June.jpg" /> The annual rate of inflation began to accelerate again in July after slowing in June, the U.S. Bureau of Labor Statistics reported on Wednesday.