US Consumer Inflation Cools To 3.5% In June

The consumer price index (CPI) rose by 3.5 per cent on a year-on-year basis, down from a 4.2 per cent increase in May, said the Labor Department. US Flag US consumer inflation cooled more than expected in June, government data showed Tuesday, as energy prices fell momentarily last month on a possible US-Iran deal in…

The consumer price index (CPI) rose by 3.5 per cent on a year-on-year basis, down from a 4.2 per cent increase in May, said the Labor Department.

US Flag

US consumer inflation cooled more than expected in June, government data showed Tuesday, as energy prices fell momentarily last month on a possible US-Iran deal in the Middle East war.

The consumer price index (CPI) rose by 3.5 per cent on a year-on-year basis, down from a 4.2 per cent increase in May, said the Labor Department.

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Opeyemi Precious

Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full

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