Energy Deflation Drives Unexpected June Consumer Price Index Drop

Yahoo Finance reports that annual inflation cooled significantly last month, hitting 3.5% as fuel costs plummeted by nearly ten percent. While Analysts expected a more modest decline, this sharp drop in energy prices offset a persistent rise in grocery bills. These figures sugges

Yahoo Finance reports that annual inflation cooled significantly last month, hitting 3.5% as fuel costs plummeted by nearly ten percent. While Analysts expected a more modest decline, this sharp drop in energy prices offset a persistent rise in grocery bills. These figures sugges