In June 2024, the United States consumer price index (CPI) shows an increase in annual inflation of 3.3%. This figure is slightly lower than in May which was recorded at 3.4%.
In detail, the sectors that contributed to the increase in CPI included the costs of housing, medical care and education, while declines occurred in the prices of new vehicles, communications and recreation. Energy prices experienced significant fluctuations, with the energy index falling by 2.0% in May but still recording an annual increase of 3.7%.
This moderate increase in CPI reflects stabilization after several months of sharper price increases in early 2024. This condition shows that the monetary policy implemented to control inflation is starting to show a positive impact.
For further information regarding inflation data and analysis, you can visit the official website of the US Bureau of Labor Statistics (BLS) or other trusted sources that provide the latest economic data.
