New government data shows inflation continued to slow last month, creeping down 0.1% from June’s data. While cooling slightly, inflation is still up from the year prior as the U.S. nears six months of war in Iran. The CPI, an economic indicator that measures inflation, tracks how prices for goods and services change over time for consumers. Hospital services prices also increased. Not all categories rose; prescription drugs and motor vehicle insurance prices declined from the year earlier and the previous month.