
June CPI Shows U.S. Inflation Dropped To 3.5% In Largest Monthly Decline Since April 2020
The Bureau of Labor Statistics reported on July 14 that the Consumer Price Index fell 0.4% in June on a seasonally adjusted basis, bringing the annual inflation rate down to 3.5% from 4.2% in May. The monthly decline was the steepest since April 2020, when consumer prices dropped 0.8% at the onset of pandemic lockdowns. The


































