News Brief · United States · Published 23 Aug 2026, 07:29
CPI for all items falls 0.4% in June; gasoline down
U.S. consumer prices fell 0.4% in June, while annual CPI inflation was 3.5%, according to the U.S. Bureau of Labor Statistics.
The latest U.S. CPI release showed headline consumer prices fell 0.4% in June. The annual CPI rate was 3.5%, while core CPI rose 2.6% over the month and was 2.6% over the year.
What happened
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index fell 0.4% in June. Over the year, headline CPI was 3.5%; core CPI rose 2.6% over the month and was 2.6% over the year.
Why it matters
CPI is a central measure of inflation. Changes in consumer-price growth can affect households' real purchasing power, firms' costs and expectations about the future path of monetary policy.
Economic context
For A-Level Economics, this is current evidence for inflation, aggregate demand and supply, real incomes and monetary policy. Compare the monthly change with the annual rate and distinguish headline inflation from core inflation.
Key data
- Monthly CPI change
- -0.4%
- Annual CPI inflation
- 3.5%
- Monthly core CPI change
- 2.6%
- Annual core CPI inflation
- 2.6%
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