Key Takeaway
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 again spike.
Published July 14, 2026 · Category: News
Overview
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 again spike.
Details
(Image credit: Brandon Bell)
Source
Originally published at www.npr.org.
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What is "Inflation slowed sharply -- but it may not last" about?+
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 again spike.
Who reported this story?+
This story was reported by NPR News.