Inflation fell more than expected in June as gas prices eased

Gas prices dropped in response to negotiations between the U.S. and Iran.

Inflation dropped more than expected in June as gas prices eased in response to negotiations between U.S. and Iran over the Middle East conflict.

Prices rose 3.5% in June compared to a year earlier, marking a retreat from a year-over-year inflation rate of 4.2% in the prior month, federal government data showed.

This is a developing story. Please check back for updates.

Sponsored Content by Taboola