US Inflation in June at 0.3%, Annual Inflation Rate Stays at 2.1%

US inflation grew at a slower pace in June as consumers felt some reprieve in the cost of American products and services. Yet, the sting of paying at the pump worsened.

Overall, price increases in May were spread wider and stronger across most items tracked by the US government whereas gains in June were smaller outside of gasoline. Continue reading US Inflation in June at 0.3%, Annual Inflation Rate Stays at 2.1%