June: Inflation Sees Biggest Drop Since 2020 Due to Lower Energy Prices
June: Inflation Sees Biggest Drop Since 2020 Due to Lower Energy PricesThe all-items index increased 3. 5% over the last 12 months after rising 4. 2% in May. Posted byMary ChastainTuesday, July 14, 2026 at. . .
June: Inflation Sees Biggest Drop Since 2020 Due to Lower Energy PricesThe all-items index increased 3. 5% over the last 12 months after rising 4. 2% in May. Posted byMary ChastainTuesday, July 14, 2026 at 10:00am0 CommentsThe June 2026 consumer price index (CPI) shows that inflation decreased by 0. 4% after increasing by 0. 5% in May, due to lower energy prices. BREAKING: Inflation posting the biggest one-month drop since April 2020. New June CPI data shows prices fell 0. 4% from the previous month — the biggest monthly decline since April 2020 — bringing the annual inflation rate to 3. 5% as price pressures continue to ease. The report…pic. twitter. com/8QXqyTqmEE— Fox News (@FoxNews)July 14, 2026As you all know, I just like to give you guys the numbers. You don’t need an analysis. The numbers speak for themselves. The energy indexhelpedthe monthly all items decrease, offsetting an increase in other indexes:Energy: +3. 9% in May, -5. 7% in JuneEnergy commodities: +6. 7% in May, -9. 5% in JuneGasoline (all types): +7% in May, -9. 7% in JuneFuel oil: +3. 8% in May, -9. 2% in JuneEnergy services: +0. 4% in May, -0. 7% in JuneElectricity: +0. 6% in May, -0. 7% in JuneUtility (piped) gas service: -0. 5% in May, +0. 5% in JuneHere is food:Food: +0. 2% in May, +0. 2% in JuneFood at home: +0. 1% in May, +0. 2% in JuneFood away from home: +0. 3% in May, 0. 2% in JuneThe all-items indexincreased3. 5% over the last 12 months after rising 4. 2% in May:Core CPI rose 2. 6% over the year, following a 2. 9% increase in May. The energy index increased 15. 7% for the 12 months ending June. The food index increased 3. 0% over the last year. The shelter index increased 3. 3% over the last year. Other indexes with notable increases over the last year include airline fares (+26. 5%, medical care (+2. 0%), recreation (+2. 8%), and household furnishings and operations (+2. 5%). Breakdown:Cereals and cereal products: +2. 4% in 12 months, 0. 7% in a monthFlour: -1. 3% in 12 months, -1. 1% in a monthBread: +3. 9% in 12 months, +0. 5% in a monthMeats, poultry, fish, and eggs: +5. 6% in 12 months, -0. 1% in a monthMeats (all): +2. 6% in 12 months, +0. 6% in a monthGround beef: +12. 4% in 12 months, +1. 3% in a monthFresh & frozen chicken parts: -2. 2% in 12 months, -1. 1% in a monthEggs: -27. 9% in 12 months, +4. 3% in a monthMilk: +6. 6% in 12 months, +2. 0% in a monthFruits & veggies: +5. 3% in 12 months, -0. 2% in a monthApples: +7. 1% in 12 months, +1. 8% in a monthBananas: +1. 0% in 12 months, -1. 3% in a monthPop: +1. 9% in 12 months, -0. 7% in a monthCoffee: +12. 9% in 12 months, -2. 0% in a monthSugar: +6. 9% in 12 months, +0. 6% in a monthButter: -6. 9% in 12 months, -0. 2% in a monthDONATEDonations tax deductibleto the full extent allowed by law.