Inflation eased more than expected in June as gas prices fell, CPI report shows

Source CBS Local
Original Load Date July 14, 2026, 9 a.m.
Last Updated July 14, 2026, 9 a.m.
Original URL https://www.cbsnews.com/chicago/news/june-2026-cpi-report/

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Inflation slowed more than expected in June, easing to an annual rate of 3.5% from 4.2% in May as lower gasoline prices helped cool price growth, according to Labor Department data released Tuesday. ## By the numbers Economists polled by the financial data firm FactSet predicted June inflation wo...