US: PCE inflation down 0.1% in June, the first monthly fall since April 2020

(Il Sole 24 Ore Radiocor) - In June, PCE inflation fell by 0.1 per cent month-on-month. This was the first fall since April 2020. The fall in oil prices, following the temporary truce between the United States and Iran, was the main cause of the decline in prices.

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