Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
- Posted on July 14, 2026
- By CNBC
- 0 Views
- 1 min read
In brief
June's consumer price index revealed a significant slowdown in inflation, reaching 3.5% year-over-year growth—substantially below market expectations of 3.8%. The moderation was primarily driven by declining energy costs, which helped ease inflationary pressures across the broader economy. This development suggests potential progress in the Federal Reserve's efforts to combat persistent price increases while maintaining economic stability.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
The consumer price index in June was expected to increase 3.8% from a year ago.
