Consumer prices rose 3.5% annually in June, less than expected as energy prices eased

[BumRushDaShow]

Source: CNBC

Published Tue, Jul 14 2026 8:32 AM EDT Updated 2 Min Ago


Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year’s inflation surge, the Bureau of Labor Statistics reported Tuesday.

The consumer price index, a broad measure of costs for goods and services across the U.S. economy, was lower than expected across the board. CPI fell a seasonally adjusted 0.4% for the month, bringing the annual inflation rate down to 3.5%.

Economists surveyed by Dow Jones had been looking for a drop of 0.2% and an inflation rate of 3.8%, following the 4.2% reading in May. The monthly drop in headline inflation was the biggest since April 2020.



Core inflation, which excludes food and energy, was flat on the month, putting the 12-month rate at 2.6%. The consensus forecast was for respective increases of 0.2% and 2.9%, following a 2.9% May level.

Read more: https://www.cnbc.com/2026/07/14/consumer-price-index-inflation-report-june-2026.html

---

From the source -

Link to tweet

BLS-Labor Statistics
@BLS_gov
·
Follow
CPI for all items falls 0.4% in June; gasoline down #BLSData https://bls.gov/news.release/archives/cpi_07142026.htm
8:30 AM · Jul 14, 2026

Article updated.

Previous article -

Published Tue, Jul 14 2026 8:32 AM EDT Updated 3 Min Ago


Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year's inflation surge, the Bureau of Labor Statistics reported Tuesday.

The consumer price index, a broad measure of costs for goods and services across the U.S. economy, was lower than expected across the board. CPI fell a seasonally adjusted 0.4% for the month, bringing the annual inflation rate down to 3.5%. Economists surveyed by Dow Jones had been looking for a drop of 0.2% and an inflation rate of 3.8%.

Core inflation, which excludes food and energy, was flat on the month, putting the 12-month rate at 2.6%. The consensus forecast was for respective increases of 0.2% and 2.9%.

This is breaking news. Please refresh for updates.

Original article -

Published Tue, Jul 14 2026 8:32 AM EDT


The consumer price index in June was expected to increase 3.8% from a year ago, according to the Dow Jones consensus estimate.


This is breaking news. Please refresh for updates.

[LiberalArkie]

1. To use a farming term "Bullshit"

[Ritabert]

3. Gas is back up to $4.29 per gallon. So much for their bogus statistics.

[BlueWavePsych]

16. Just a measly 3.5%

Last edited Tue Jul 14, 2026, 03:25 PM - Edit history (1)

Yah, right!

[gab13by13]

2. Gasoline prices mainly dropped in July

today crude is back up to $87/barrel and it's going to keep going up.

I will just wait for the revisions.

[progree]

4. Table of annualized values: Last month, Last 3 months, Last 12 months

All numbers in this chart are calculated from the actual index values:

CPI: https://data.bls.gov/timeseries/CUSR0000SA0
CORE CPI: https://data.bls.gov/timeseries/CUSR0000SA0L1E

Percent increases over the past month, over the past 3 months, and over the past 12 months, seasonally adjusted numbers, ANNUALIZED
1 mo` 3 mo 12mo
----- ---- ----
-5.0% 2.8% 3.5% Regular CPI (includes food & energy)
-0.2% 2.3% 2.6% Core CPI (does not have food or energy)

2.0% 2.0% 2.0% Federal Reserve Target

The core CPI, calculated using the actual index values (as are all numbers in this table), fell -0.0167% in June, which rounds to 0.0%, i.e. "flat". The -0.0167% annualizes to -0.2%


Realize the numbers reported in the OP, and the table above, are the numbers for JUNE, and don't include any July price increases, and they are not supposed to (sigh).

As for July:
WTI crude oil closed June 30 at $69.50,
and closed July 13 at $78.14,
an increase of 12.4% so far in July
https://finance.yahoo.com/quote/CL%3DF/history/

[Bobstandard]

5. Who believes this? Anybody? Bueller?

[LiberalArkie]

13. Executives do. They put their purchases on corporate cards.

[Fiendish Thingy]

6. Not that positive when you remember the target inflation rate is 2%

It will likely rise again for July and if hostilities continue, will explode again in August and into the fall, especially since reserves will be exhausted by then.

[modrepub]

7. Prices Are Still Going Up

And using a % masks the problem.

A 2% increase on a $100 item purchased 5 years ago was $2. 2% now is $2.16 on an item that now costs $108.24. That’s a total of $110.40 going forward; $10.40 more than it was 5 years ago.

Unfortunately, prices only go down during an economic contraction.

[Prairie Gates]

8. So Biden's inflation was less than that from 2023 onward

And it was an utter catastrophe, but this one is "less than expected," OK.

Jesus.

3.5% is bad, y'all.

[mdbl]

9. The graph just shows the rate of increase - it doesn't compare a history of prices.

Of course, nothing has come down - they just keep increasing from their already inflated prices.

[NoMoreRepugs]

10. The trump BULLSHIT mountain is going to bump into the moon pretty soon.

[twodogsbarking]

11. Dad's only whipping us six nights a week. Improvement.

[Progressive dog]

12. So it's slightly less than twice what

is considered acceptable by the Fed. How wonderful.
Of course that is just a downward glitch due to some of us not realizing that Trump just makes stuff up.

[flvegan]

14. Plus that $81 billion tariff "refund" we consumers will be getting, right? RIGHT?

LOL, who am I kidding. We won't see shit. I would be surprised to see prices come down from the "new tariff normal" at some point.

[BumRushDaShow]

15. That's after we get our $1200 DOGE checks