U.S. Consumer Prices Rise In Line With Estimates In June

Partly reflecting another notable increase in energy prices, the Labor Department released a report on Friday showing that U.S. consumer prices rose in line with economist estimates in the month of June.

The Labor Department said its consumer price index climbed by 0.3 percent in June following a 0.4 percent increase in May. The continued increase in prices matched economist estimates.

Excluding food and energy prices, core consumer prices still rose by 0.2 percent in June after inching up by 0.1 percent in the previous month. The uptick in core prices also came in line with expectations.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT