Consumer Prices See Biggest Drop In Six Years In June
By CNBC
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The June consumer price index shows that annual inflation is moving closer to the Federal Reserve’s 2% target. Energy put downward pressure on inflation as a lull in the Iran war easing prices for consumers. CNBC’s Alex Harring breaks down what the June CPI reveals about prices. CREDITS: Reporter Alex Harring Produced by Macklin Fishman Animation Emily Park, Jason Reginato Edited by Darren Geeter Senior Managing Producer Shawn Baldwin Additional Footage Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday c
Tags: TB, CPI, June Consumer Price Index, inflation, Federal Reserve, U.S. Bureau of Labor Statistics, energy, oil, Iran war, Middle East, Strait of Hormuz, gas, fuel, AI, data centers, utilities, electricity, prices, consumers, core inflation
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