If he is seeing a drop in tank pH from decay of kill off from the Interceptor, then the decrease in pH is from the release of hydrogen ions, with a corresponding release of ammonia ions. CO2 introduced into the tank water, outside of room air/water level equilibrium or reactor gas is from cellular respiration, not decay.
OP: I would test your water for detectable ammonia if you are concerned it could be from die off. And if you can detect it, then a couple large water changes with siphoning of anything dead you can find would be in order, along with fresh carbon in a reactor to get rid of the Interceptor.
But, if you had enough die off to drop your tank pH that much, you must be overdosing the heck out of the tank to the point you are killing large crustaceans and they are just sitting there rotting. You'd probably be looking at an ammonia related tank crash if that were the case. But I bet that is not the reason for the pH difference.
Also the three treatment Interceptor regimen is a bit outdated, as I understand it, as red bugs do not lay eggs, but have live young. For most people, one treatment does the trick.
Follow the one large breed Interceptor pill per 380 net gallons rule for dosing Interceptor, and you shouldn't have to worry about collateral crustacean death, particularly to the point of killing enough to drop your tank pH through decay. Interceptor treatment at a higher concentration than what I have described really is of no benefit, and can do harm to other crustaceans in your tank besides red bugs. Larger stuff like shrimp and crabs with thousands of times the body mass of a tiny red bug are not hurt at Interceptor concentrations that kill red bugs, but needlessly overdose Interceptor by a lot and you can kill larger stuff like desirable shrimp and crabs.
And after all that, it could also just be a defective pH probe, as was previously stated, or many other non- related causes that just happened to occur when you are treating with Interceptor.