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US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook.
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npr.org
Inflation slowed sharply -- but it may not last
Annual inflation hit 3.5% in June, down from May's more than three-year high — but the resumption of the conflict with Iran threaten to push up inflation as energy costs once…
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independent.co.uk
Trump was finally getting good inflation news- Then oil prices explode
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
