U.S. Consumer Prices Fall 0.4 Percent in June, the Largest Monthly Drop Since April 2020
The Consumer Price Index for All Urban Consumers (CPI-U) fell 0.4 percent in June on a seasonally adjusted basis, the largest one-month decrease since April 2020, when it fell 0.8 percent, the U.S. Bureau of Labor Statistics reported on July 14, 2026 (USDL-26-1191). Over the 12 months ending in June, consumer prices rose 3.5 percent, down from the 4.2 percent increase for the year ending in May.
Energy prices drove the monthly decline: the energy index fell 5.7 percent in June, with gasoline down 9.7 percent and electricity down 1.0 percent, while natural gas rose 0.5 percent. Energy prices were still up 15.7 percent over the year, and gasoline was up 26.7 percent. The food index rose 0.2 percent in June and 3.0 percent over the year.
The index for all items less food and energy was unchanged in June and rose 2.6 percent over the year, following a 2.9 percent increase through May. The shelter index rose 0.1 percent, its smallest one-month change since January 2021. Motor vehicle insurance fell 2.0 percent, communication fell 1.5 percent, apparel fell 0.6 percent, and used cars and trucks fell 0.2 percent, while recreation, household furnishings and operations, and personal care were among the indexes that rose.
The next CPI release is scheduled for August 12.
Source: U.S. Bureau of Labor Statistics
Published by GSM · USA (original Chinese edition)
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