Consumer prices in the United States recorded the smallest increase in June
Data showed that the consumer price index in the United States increased by 0.2% in June after rising by 0.1% in May, and on an annual basis, the consumer price index increased by 3.0% in June, which is the smallest rise on On an annual basis since March 2021, after rising by 4.0% in May. The core CPI, which excludes food and energy, rose 0.2% in June, the smallest rise since August 2021, and the first time in six months that the core CPI did not achieve gains. On a monthly basis, by at least 0.4%. On an annual basis, the core CPI increased by 4.8% in June compared to the same period last year, which is the smallest rise on an annual basis since October 2021, after rising by 5.3% in May.