Marketplace · Tuesday, July 14, 2026
Gorky Chowdhury of BlackRock noted that inflation is decelerating across both goods and services. He specifically highlighted the services sector, where prices could have spiked due to events like the World Cup, but have not generated a significant inflationary impulse.
“Economists and policymakers have been worried about the recent resurgence in inflation. So there was a lot to like in this report. Starting with deceleration across both the goods, as well as services.”
“Gorky Chowdhury at BlackRock points in particular to services where prices could have spiked thanks to soccer tourism, as, lodging away from home, food away from home, that would have had a little bit of the World Cup flavor to them, if you will. They haven't generated a meaningful inflationary impulse.”