BUSINESSKOAA NBC5 COLORADO SPRINGS
Inflation slowed in June as energy markets stabilized temporarily
Inflation slowed in June with a 0.4% monthly drop in the consumer price index, driven by a 5.7% decline in energy costs, though the 12-month rate remained at 3.5%. The Trump administration's ceasefire between Israel and Iran temporarily stabilized energy markets, but recent regional fighting has disrupted the Strait of Hormuz, a key energy route.
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