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Annual inflation in June was 3.5%, biggest monthly drop in over six years
Posted on 7/14/26 at 12:33 pm
Posted on 7/14/26 at 12:33 pm
LINK
The annual inflation rate in June was 3.5%, according to the Labor Department's consumer price index report released Tuesday.
The report by the department's Bureau of Labor Statistics attributes the drop in consumer prices, in large part, to a decrease in the cost of energy.
The consumer price index is a broad measure of costs for goods and services across the U.S. economy.
The June rate also marked a 0.4% decrease from the annualized rate in May.
This decline in June was the largest 1-month decrease since April 2020 when the CPI fell 0.8%.
Economists surveyed by Dow Jones predicted a 0.2% drop and for the monthly annualized rate to be 3.8%, according to CNBC.
The annual inflation rate in June was 3.5%, according to the Labor Department's consumer price index report released Tuesday.
The report by the department's Bureau of Labor Statistics attributes the drop in consumer prices, in large part, to a decrease in the cost of energy.
The consumer price index is a broad measure of costs for goods and services across the U.S. economy.
The June rate also marked a 0.4% decrease from the annualized rate in May.
This decline in June was the largest 1-month decrease since April 2020 when the CPI fell 0.8%.
Economists surveyed by Dow Jones predicted a 0.2% drop and for the monthly annualized rate to be 3.8%, according to CNBC.
10
Posted on 7/14/26 at 12:48 pm to Night Vision
Surely all the economy chicken littles will be here shortly
Posted on 7/14/26 at 12:52 pm to Night Vision
The Big Beautiful Bill economy is gaining momentum 
Posted on 7/14/26 at 1:01 pm to Night Vision
But we need to raise rates says the MoneyTards
And SFP is not around in these threads
And SFP is not around in these threads
Posted on 7/14/26 at 1:19 pm to SDVTiger
quote:
And SFP is not around in these threads
He must be in court. It’s purely coincidental that he’s not available for these types of discussions.
Posted on 7/14/26 at 1:22 pm to SDVTiger
Drumph sux at the Economy!
Posted on 7/14/26 at 1:35 pm to ynlvr
quote:
The Big Beautiful Bill economy is gaining momentum
Consumer prices in June were 3.5% higher than they were in June 2025.
Posted on 7/14/26 at 1:41 pm to Night Vision
quote:
Annual inflation in June was 3.5%, biggest monthly drop in over six years
And? It's dropping coming off an historic pace. This is like the Biden admin trying to spin "jobs created"
Posted on 7/14/26 at 1:55 pm to PorkSammich
And they are going to keep going higher, you aren’t going to be able to buy a loaf of bread for a nickel anymore no matter how much you want it to be true lol don’t worry meat sandwich you will get to vote for Kamala again!!
Posted on 7/14/26 at 3:09 pm to Night Vision
quote:=/=
The annual inflation rate in June was 3.5%,
quote:
drop in consumer prices
A decrease in the RATE of inflation does not mean that prices went down, just that they didn’t go up as much compared to expectations and/or previous time periods.
Hey, I’m glad the rate went down! And I think that the Trump policies are correct (except in the continued rate of government spending) in trying to slow inflation.
Nevertheless, this botched reporting contributes to poor understanding of economics.
ETA: I’m surprised at the down votes.
This post was edited on 7/14/26 at 6:03 pm
Posted on 7/14/26 at 4:17 pm to Night Vision
Are we celebrating 3.5% inflation? Lmao
Posted on 7/14/26 at 4:20 pm to deltaland
quote:
Are we celebrating 3.5% inflation?
Apparently, there are very few here that understand economics and how it impacts them.
We are also celebrating being the #1 exporter of oil, it’s ludicrous.
Posted on 7/14/26 at 4:23 pm to Night Vision
Are we happy about 3.5%? Median annual salary raises for most Americans is probably not typically above this.
Posted on 7/14/26 at 4:25 pm to Jack Daniel
Embarrassing to act like 3.5% is something to gloat about.
I would expect the blockade to pump those numbers even higher. Winning!
I would expect the blockade to pump those numbers even higher. Winning!
Posted on 7/14/26 at 6:48 pm to deltaland
quote:
Are we celebrating 3.5% inflation?
Seems to me they are celebrating the DROP in inflation, not the specific number itself.
It will never be what you want it to be without going down, so it has to pass through 3.5 to get there.
It never fails, though. Whenever something is trending badly, people immediately bitch without seeing how it will turn out. When something is trending positively, it's never immediate jubilation or even just appreciation. It's always just more bitching because it isn't good enough.
Posted on 7/14/26 at 6:49 pm to KingOrange
quote:
Drumph sux at the Economy!
No this is where he excels. Wish he'd put 100% of his focus here.
Posted on 7/15/26 at 10:29 am to Night Vision
NUH UH!!!!! REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!! ECONOMY IN SHAMBLES!!!!! MUH OMB!!!!! BLOOD BATH!!!!!
- TDS f@gs/panicans
- TDS f@gs/panicans
Posted on 7/15/26 at 10:34 am to PorkSammich
quote:
Consumer prices in June were 3.5% higher than they were in June 2025.
Tell the truth, you have to take off your shoes to calculate that
Posted on 7/15/26 at 10:37 am to Archives
quote:
Consumer prices in June were 3.5% higher than they were in June 2025.
Real wage growth definition is when wages less inflation are actually positive. With the exception of one month, Trump has had real wage growth.
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