News July inflation fell to 8.5%, CPI report shows, but small businesses continue to struggle August 10, 2022Rayna Song, USA TODAYComments Off on July inflation fell to 8.5%, CPI report shows, but small businesses continue to struggle Inflation in the U.S. fell to 8.5% in July, from a historical high 9.1% in June, but small businesses have continued to face challenges.