The U.S. Consumer Price Index inflation rate for June fell to 3.5%, a drop of 0.4 percentage points from the previous month, according to data reported by The Zioneer. The decline was unexpected, marking a significant cooling from the prior month's level.
The U.S. inflation rate for June unexpectedly dropped to 3.5%, a decrease of 0.4 percentage points from the previous month, according to data reported by The Zioneer. This follows the May reading of 4.2%, as previously reported by The Zioneer on June 10. The June figure represents a significant cooling of price pressures, though the sustainability of the trend remains to be seen.
- StrongU.S. inflation hits 4.2% in May, core at 2.9% — energy prices lead surge
- DevelopingIsrael's annual inflation fell to 1.6%, lowest in over five years
- ConfirmedIsrael apartment prices fall 0.3% in March-April, with sharp drops in Jerusalem and Haifa
- DevelopingUS GDP growth last quarter at 1.5%, well short of expectations
Source and signal
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