This report is actually better than expected: https://www.cnbc.com/2023/07/12/inflation-rose-just-0point2p...

No, the consensus estimate was a .3% rise, so a .2% rise is lower than expected by Wall Street analysts. You may be confusing rate vs level.

This column found on that page indicates inflation has gone down:

    Un-adjusted 12-mos. 
    ended Jun. 2023 
    3.0%

I'm pretty sure the last reported USA annual inflation figure was 4%.

It did go down.

It did go down. You’re confusing disinflation with deflation.