Indifference and neglect often do much more damage than outright dislike.
J. K. Rowling
Consumer prices rose 3 percent annually in June and 0.2 percent last month alone, according to inflation data released Wednesday by the Labor Department.
The consumer price index (CPI) posted its smallest annual increase since March 2021 as inflation fell from a 4 percent annual rate in May.
Inflation came in slightly lower than economists had expected after declines in auto prices, airline fares and household furnishings helped bring down overall price growth. Housing costs were the biggest driver of inflation, according to the Labor Department, fueling more than 70 percent of price growth in June.
