Inflation fell seven-tenths of a percentage point in June to 3.5%, a huge drop and the first such decline in five months.

Inflation likely cooled last month as gas prices declined, providing consumers with some welcome relief even as renewed combat with Iran has sent oil prices climbing again

Fuel costs boosted inflation to its highest rate in years the previous month.

Inflation fell seven-tenths of a percentage point in June to 3.5%, a huge drop and the first such decline in five months.

...led by a huge drop in energy costs.