Tuesday, July 14, 2026
Business

Inflation slowed sharply -- but it may not last

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.

Inflation slowed sharply -- but it may not last
Image: NPR Business

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.

(Image credit: Brandon Bell)

Originally published at NPR Business

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