Financial News: U.S. Consumer Prices Fall Much More Than Expected

U.S. Consumer Prices Fall Much More Than Expected In June

07/14/2026 - 08:40:00 (RTTNews)

(RTTNews) - Largely reflecting a sharp pullback in energy prices, the Labor Department released a report on Tuesday showing consumer prices in the U.S. decreased by much more than expected in the month of June.

The Labor Department said its consumer price index fell by 0.4 percent in June after climbing by 0.5 percent in May. Economists had expected consumer prices to edge down by 0.1 percent.

The report also said the annual rate of consumer price growth slowed to 3.5 percent in June from 4.2 percent in May, coming in below economist estimates for a 3.8 percent jump.

Meanwhile, the Labor Department said core consumer prices, which exclude food and energy prices, came in unchanged in June after rising by 0.2 percent in May. Economists had expected core prices to increase by another 0.2 percent.

The annual rate of growth by core consumer prices slowed to 2.6 percent in June from 2.9 percent in May, while economists had expected the pace of growth to slip to 2.8 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Czechia Manufacturing Growth Eases In July (36 min(s), 49 sec(s) ago)
(RTTNews) - Czech factory activity lost some growth momentum in July amid slower rises in output a ...Full Story»

Poland Manufacturing Downturn Eases In July (01 hr(s), 36 min(s), 49 sec(s) ago)
(RTTNews) - Poland's factory downturn softened in July as output and new orders fell at slower ...Full Story»

UK Manufacturing Activity Expands (01 hr(s), 59 min(s), 49 sec(s) ago)
(RTTNews) - The UK manufacturing activity expanded again in July, reflecting upturns in production ...Full Story»

Greece Manufacturing Growth Strongest In 4 Months (02 hr(s), 03 min(s), 49 sec(s) ago)
(RTTNews) - Greece's manufacturing activity expanded at the fastest pace in four months as out ...Full Story»

Eurozone Manufacturing Activity Strengthens (02 hr(s), 21 min(s), 49 sec(s) ago)
(RTTNews) - The euro area manufacturing activity strengthened in July as production posted its big ...Full Story»

Turkey Inflation Eases To 31.75% In July (02 hr(s), 50 min(s), 49 sec(s) ago)
(RTTNews) - Turkey's consumer price inflation moderated in July to the lowest level in four mo ...Full Story»

German Retail Sales Fall More Than Forecast (04 hr(s), 24 min(s), 49 sec(s) ago)
(RTTNews) - Germany's retail sales declined more than expected in June, data from Destatis rev ...Full Story»

Swedish Factory Growth Slows To 7-month Low (04 hr(s), 47 min(s), 49 sec(s) ago)
(RTTNews) - Sweden's industrial economy expanded at the weakest pace in seven months in July ...Full Story»