US Consumer Prices Fell 0.4% In June, First Drop Since 2020
The Bureau of Labor Statistics called it the steepest monthly decline in six years, in data released July 14, 2026.
- The annual CPI-U rate eased to 3.5% in June, down from May's 4.2%.
- The seasonally adjusted index dropped 0.4% from May to June this year.
- The measure covers the Consumer Price Index for All Urban Consumers nationwide.
Why it matters: A cooler monthly rate lowers the pace of increase, not the price level households already absorbed.
BLS Consumer Price Index News Release (June 2026 data) ↗ · Jul 14, 20267/14/26 · ✓ Checked✓ Check