BUSINESSCNBC TOP
Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
Consumer prices increased 3.5% annually in June, below the expected 3.8% rise, as energy prices declined. The easing of energy costs contributed to the lower-than-anticipated inflation rate.
Related Signal
Adjacent reporting
- Inflation slowed in June as energy markets stabilized temporarily
- US inflation fell more than expected to 3.5% in June as petrol prices tumbled
- Inflation cools to 3.5% in June in relief brought by brief US-Iran deal
- Latin America’s Energy Inflation Tripled in Two Months
- Energy prices drove most of May’s inflation increase
- Inflation just dropped from 4.2% to 3.5%. Oil prices did that — for now