ACTV - Consumer Price Index: Inflation Cools To 3.0% In June

2024-07-12 00:15:00 ET

Summary

• Inflation cooled for a third straight month in June, dropping to its lowest level in a year.
• According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index fell to 3.0% year-over-year, while core CPI cooled to 3.3%.
• In June, headline CPI slowed for a third straight month to 3.0%, its lowest level since June 2023.

By Jennifer Nash

Inflation cooled for a third straight month in June, dropping to its lowest level in a year. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index fell to 3.0% year-over-year, while core CPI cooled to 3.3%....

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