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Inflation cools for June as oil prices drop

Lower costs at the pump help ease gains in shelter, food costs
Even with prices down for gas and other common items, inflation is still neutralizing wage gains. (Getty Images)
Even with prices down for gas and other common items, inflation is still neutralizing wage gains. (Getty Images)
CoStar News
July 14, 2026 | 6:53 P.M.

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The largest monthly drop for consumer prices in more than six years helped slow inflation in June, the Bureau of Labor Statistics reported Tuesday.

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