June CPI Report: US Inflation Reaches Highest Level Since February

The Bureau of Labor Statistics released the US CPI (Consumer Price Index) report for June, showing that headline inflation rose 0.3% MoM (month-on-month), which is its largest monthly increase since January.  When it comes to YoY (year-on-year), it also increased to 2.7% (highest since February), up from May’s 2.4% – driven mainly by shelter, energy, […] The post June CPI Report: US Inflation Reaches Highest Level Since February appeared first on Coin Edition.