According to BlockBeats, the US Labor Statistics Bureau is set to release the Consumer Price Index (CPI) data for June 2024 on July 11. The unadjusted annual CPI for June is expected to be 3.1%, a slight decrease from the previous value of 3.3%. The CPI is a crucial economic indicator, reflecting the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The release of this data is eagerly awaited by economists and investors alike, as it provides valuable insights into the state of the US economy. The slight decrease in the CPI indicates a potential slowdown in inflation, which could have significant implications for monetary policy and investment decisions. However, it is important to note that these are just expectations, and the actual figures could vary.