[Schatze]

As the article says farther down, it's technically true "if you’re comparing the seasonally-adjusted change from June 2022 to July 2022 for 'urban consumers.' The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis. However, the more broadly analyzed and reported inflation statistic is the year-to-year (July 2022 vs. July 2021) increase in inflation for “all items” – which rose 8.5% - as BLS reports in the next sentence"

[griswold3]

https://www.bls.gov/news.release/cpi.t02.htm
What stood out for me on this chart is the Flour and prepared flour mixes at 22.7. It’s going to explode in about 60 days.