Archives for July 2024

Recent June CPI Release shows Cooling National Inflation and Further Cooling in the Seattle Numbers

Recent June CPI Release shows Cooling National Inflation and Further Cooling in the Seattle Numbers

By Jim Cline and Kate Kremer

The Bureau of Labor Statistics released their bimonthly inflation report two weeks ago showing inflation through June. We have previously reported on the slowdown of inflation with predictions of further slowdown ahead. This report confirms that expected trend. Most notable about the June report is that anticipated cooling of the “Seattle” numbers is materializing.

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