Consumer prices rose 3.5% annually in June, less than expected as energy prices eased

🇺🇸 CNBC (US) —
Consumer prices rose 3.5% annually in June, less than expected as energy prices eased

AI Summary

In June, consumer prices rose by 3.5% annually, which was below the expected increase of 3.8%. The easing of energy prices contributed to this moderation in inflation.

The consumer price index in June was expected to increase 3.8% from a year ago.

Markets Energy consumer prices inflation June data energy prices CPI markets

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