news

June CPI Shows Mixed Bag as Gas Prices Fall

A Brief Reprieve from Inflation, But at What Cost? The latest Consumer Price Index (CPI) data from the Bureau of Labor Statistics offers a mixed bag for Americans struggling with rising costs.

Energy prices took a welcome dip in June, but core inflation remained steady and headline inflation continued to climb.

Energy prices have been steadily declining since their peak in March, particularly evident in the gasoline index, which plummeted 9. 7% over the month.

Read the full story

Read on Wordd →