Headlines
Inflation Continues to Cool
June’s Consumer Price Index rise down two-thirds from a year ago

Inflation dropped for a 12th straight month in June, as flat grocery prices partly offset a rebound in gasoline costs and still-hefty rent hikes, USA Today reports.
Consumer prices overall increased 3 percent from a year earlier, down a percent from the rise the previous month, according to the Labor Department’s consumer price index for June.
USA Today reported that In a note to its clients, Contingent Macro Research said, “Overall, while pockets of core price pressures remain, critical categories of inflation are slowly cooling.”
Just a year ago, U.S. inflation hit a 40-year high of 9.1 percent; a series of interest rate hikes since then by the Federal Reserve Board has helped tamp that number down.
Click here for more from the USA Today report.
-
Headlines3 days ago
Purpose or Promotions on Memorial Day?
-
Headlines5 days ago
Prepared Meals v. Dining Out
-
Headlines4 days ago
Walmart Execs: Some Merch to Cost More
-
Headlines6 days ago
CVS Rebuilt, Reopened After Storm
-
Headlines1 week ago
Retail Hails Cuts to US-China Tariffs
-
Headlines4 days ago
Levi Strauss Plans 25 Murals Across San Francisco
-
Headlines2 weeks ago
Consumers Stocking Up Before Expected Tariffs
-
Headlines2 weeks ago
Doll Wars: Episode 1