Inflation Has Slowed In The U.S.

Up to 3.5%.

Annual inflation in the U.S. slowed to 3.5% in June, according to the U.S. Department of Labor.

It is noted that inflation slowed sharply compared to 4.2% a month earlier, when the rate was at its highest since April 2023.

Analysts surveyed by Trading Economics had forecast annual inflation of around 3.8%, while on a monthly basis, prices were expected to fall by 0.1%.

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