The US consumer price index rose 3.5% in June 2026 from a year earlier, a deceleration after several months of upward moves, according to CNBC.
Key facts
- The consumer price index rose 3.5% in June 2026 from a year earlier, according to CNBC.
- CNBC described the reading as a deceleration.
- The reading followed several months of upward moves in the index.
- CNBC reported the figure on 14 July 2026 and presented the breakdown in a single chart.
Consumer prices in the United States rose 3.5% in June 2026 compared with a year earlier, according to CNBC. The outlet described the figure as a deceleration in the pace of inflation after several months in which the index had been moving higher.
CNBC reported the figure on 14 July 2026 and presented the inflation breakdown in a single chart. Beyond the headline annual figure of 3.5%, the source did not detail the specific categories driving the change.
Further details on the components of the June reading and the outlook for coming months were not included in the source.
Why it matters
Changes in the consumer price index are closely watched because they reflect the pace at which prices are rising. According to CNBC, the June reading marked a slowdown after several months of increases.
Frequently asked questions
How much did US inflation rise in June 2026?
According to CNBC, the consumer price index rose 3.5% in June 2026 compared with a year earlier.
Is inflation speeding up or slowing down?
CNBC described the June reading as a deceleration, coming after several months of upward moves in the index.
What is the consumer price index?
The consumer price index (CPI) is a measure of the change in prices consumers pay over time. The source reported the June figure as a 3.5% year-over-year increase.