The New York City skyline in the United States

United States Inflation June 2020

United States: Inflation increases in June

Consumer prices rose 0.57% over the previous month in June, contrasting May’s 0.1% dip. A surge in energy and transport was chiefly behind June’s print. Core consumer prices—which exclude volatile items such as food and energy—increased 0.23% in June (May: -0.1% month-on-month).

Inflation accelerated 0.6% in June, which was up from 0.1% in May. Meanwhile, core inflation was stable at May’s 1.2%. The core personal consumption expenditures price index—a gauge of household spending closely tracked by the Fed—ticked down to 0.5% in May, the latest month for which data is available, from 0.6% in April and falling further below the Fed’s 2.0% target.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen