US inflation fell more than expected to 3.5% in June as oil prices tumbled
- Posted on July 14, 2026
- By Financial Times
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- 1 min read
In brief
United States inflation declined to 3.5% in June, surpassing market expectations as crude oil prices experienced a significant downturn. The deceleration in energy costs proved instrumental in moderating the inflationary pressures that had been exacerbated by geopolitical tensions in the Middle East. This favorable economic indicator suggests monetary policy efforts are gaining traction in controlling price growth across the economy.
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US inflation fell more than expected to 3.5% in June as oil prices tumbled
Easing energy costs helped tame price surges spurred by Middle East war
