US inflation falls sharply as energy prices retreat, but relief may prove temporary
Consumer prices rose 3.5% in June from a year earlier, down sharply from an annual rate of 4.2% in May, the Labor Department said Tuesday.
Read the full articleYou might also wanna read
U.S. Inflation Cools in June as Energy Prices Fall
Inflation cooled more than expected in June, offering consumers some relief after months of rising prices.New government data shows consumer
June CPI Decelerates from May, Driven by Drop in Energy Index
U.S. inflation decelerated in June, with the Consumer Price Index (CPI) declining 0.4% after increasing 0.5% in the previous month. A 5.7% d
Inflation drops to 3.5% in June as energy prices fall after U.S.-Iran agreement
Inflation eased to 3.5% in June, thanks to energy prices that fell after the U.S. and Iran signed a memorandum of understanding in a bid to
nbcnews.to·2d agoUS June Inflation Slumps to 3.5% YoY Beating 3.8% Forecast as MoM Drops 0.4%
US June CPI inflation dropped to 3.5% YoY, significantly lower than the 3.8% estimate and previous 4.2%, with a surprise -0.4% MoM contracti
US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
WASHINGTON (AP) — U.S. wholesale inflation fell from May to June on plunging energy prices, but intensifying hostilities with Iran are cloud
US inflation fell more than expected to 3.5% in June as petrol prices tumbled
Traders rein in bets on Fed rate rises as easing energy costs help tame price surges spurred by Middle East war
ft.trib.al·2d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.