Inflation eased further in June as economy slowly cools
The Washington Post - July 12, 2023

"Prices rose 3 percent in June compared with the year before, and 0.2 percent compared with May, the smallest 12-month increase since March 2021. That marked progress from the last inflation report, when prices rose 4 percent compared with the previous year."

https://www.washingtonpost.com/business/2023/07/12/june-cpi-inflation-report/

#CPI #Inflation #BLSdata

Inflation drops to lowest levels since March 2021 as economy cools

Wages are now rising faster than prices. The Federal Reserve isn’t ready to declare victory yet, since inflation isn’t consistently falling yet.

The Washington Post