washington: annual consumer inflation The Labor Department said on Wednesday that the rate in the United States is set to fall to its lowest since 2021, an encouraging sign for policymakers who are struggling to rein in cost pressures.
The leading inflation indicator, the Consumer Price Index (CPI), rose 3.0 percent from a year earlier last month, down from 4.0 percent in May and slightly less than analysts expected.
The leading inflation indicator, the Consumer Price Index (CPI), rose 3.0 percent from a year earlier last month, down from 4.0 percent in May and slightly less than analysts expected.