June 2026 Inflation Report Shows CPI Rise of 3.5% Amid Easing Energy Prices
The U.S. consumer price index (CPI) rose by 3.5% in June 2026 compared to the previous year, marking a slowdown from May's 4.2%. The decline was attributed to lower energy and gasoline prices due to eased tensions between Iran and the U.S., though renewed hostilities pose inflation risks.
Topics: CPI energy prices inflation U.S.-Iran tensions