Economic news is often a “good but bad” reality. For example, inflation finally slowed some, with consumer prices flat between June and July. But that was basically due to a welcome drop in energy prices. But food prices kept growing, as did car expenses and rents.
For industries, the producer price index, or PPI, is frequently a more telling economic impact on them than the consumer price index, or CPI, which is what gets attention as the official inflation number.