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(Image from article: "June consumer prices record largest drop in a year")

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June consumer prices record largest drop in a year

June consumer prices record largest drop in a year

Consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, government data showed on Friday, pointing to a cooling in commodity-driven inflation pressures.

 

Gasoline Pushes Up U.S. Consumer Prices

Gasoline Pushes Up U.S. Consumer Prices

The 0.7 percent pace in June was slightly faster than expected, but the core inflation measure remained relatively tame.

 

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