International Economic

US inflation cools more than expected as gasoline pressures ease

By Benjamin Chiou

Date: Tuesday 14 Jul 2026

(Sharecast News) - The annual rate of consumer inflation in the US slowed substantially in June, according to data out on Tuesday from the Bureau of Labor Statistics, as increases in gasoline prices eased following last month's ceasefire deal between the US and Iran.
The headline year-on-year change in the consumer...

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