Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Inflation unexpectedly falls to 3% in June

The Labor Department on Thursday released the closely watched June consumer price index report, revealing just how hot inflation was running last month.

The Labor Department on Thursday said that the consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, fell 0.1% in June from the previous month. Prices remain up 3% from the same time last year. 

Both of those figures are lower than the 0.1% monthly increase and 3.1% headline gain forecast by LSEG economists.

This is a developing story. Please check back for updates.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.