The U.S. Consumer Price Index (CPI) for June increased by 3.5% year-over-year on a non-seasonally adjusted basis, falling short of the forecasted 3.8% and down from the previous 4.2%. Similarly, the seasonally adjusted CPI also rose by 3.5% YoY, aligning with the non-adjusted figures and below the expected 3.8%. This marks a continued decline in inflation rates compared to earlier in the year.
US June CPI Rises 3.5% YoY, Below Expectations
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