Skip to content
Frisco News

Falling gas prices cut inflation in June, but Iran war could limit progress

Falling gas prices cut inflation in June, but Iran war could limit progress
Photo: NBC 5 Dallas-Fort Worth (KXAS) - Top Stories · view original

U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled more than expected. Prices dropped 0.4% in June from May, the largest monthly drop in four years, the Labor Department said Tuesday...

Sources and story details