Just nowShareSaveAdd as preferred on GoogleMichael RaceBusiness reporter, New York
Getty ImagesInflation in the US eased last month as the cost of filling up at the pumps fell, official figures show.
Prices rose 3.5% in the year to June, according to the Bureau of Labor Statistics (BLS), down from 4.2% recorded in May.
Gasoline prices decreased 9.7% last month, the statistics body said.
However, while the rate of inflation has fallen, the easing of price rises could be short-lived due to the renewed conflict in the Middle East sending global oil prices up again.
Cost of Living InflationUS economyUnited States
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