Bonds & Rates
Home›Bonds & Rates›Inflation›June consumer prices rose 3.5% annually, easing from e…
June consumer prices rose 3.5% annually, easing from expectations
The June CPI increase matched a slower pace, with energy prices cited as a key factor behind the softer reading.
CNBC reports that consumer prices rose 3.5% year over year in June, coming in below expectations.
The outlet said the CPI was expected to increase 3.8% from a year ago, with easing energy prices helping temper the overall figure.
With the inflation print less than forecast, markets will look to whether the slowdown signals a broader cooling in prices beyond energy.
← Newer storyBritish pound rises versus dollar after US CPI coolsOlder story →Demis Hassabis urges the U.S. to lead AI standards body
More like this
Bonds & RatesEconomists expect September CPI to rise faster