Consumer Prices Fell 0.1% in June, Led by Energy Price Decline

Before you go, we thought you'd like these...
Before you go close icon
Consumer prices fell 0.1 % in June, led by a decline in energy prices, the Bureau of Labor Statistics said in a statement. The energy index fell 2.9% in June.

Core inflation, which strips out volatile food and energy prices, was 0.2%.

The decline was in line with expectations. Economists had forecast that a drop in CPI of 0.1%, with the core figure unchanged at 0.1%, according to CNN.
Read Full Story

Markets

S&P 500 2,259.53 13.34 0.59%
DJIA 19,756.85 142.04 0.72%
NASDAQ 5,444.50 27.14 0.50%
DAX 11,203.63 24.21 0.22%
HANG SENG 22,760.98 -100.86 -0.44%
NIKKEI 225 18,996.37 230.90 1.23%
USD (per EUR) 1.06 -0.01 -0.57%
USD (per CHF) 1.02 0.00 0.12%
JPY (per USD) 115.38 0.02 0.01%
GBP (per USD) 1.26 0.00 0.03%

From Our Partners