The Consumer Price Index declined 0.4 percent from May, according to figures released Tuesday by the Department of Labor. It was the largest monthly decrease since 2020. Compared with June of the previous year, consumer prices were 3.5 percent higher. The report was considerably better than economists had expected. Forecasters had predicted that prices would […]
The Consumer Price Index declined 0.4 percent from May, according to figures released Tuesday by the Department of Labor. It was the largest monthly decrease since 2020. Compared with June of the previous year, consumer prices were 3.5 percent higher.
Read Full Article: https://ijr.com/article/june-consumer-price-index-shows-biggest-drop-in-six-years
