US consumer prices unexpectedly fall in June

In June, U.S. consumer prices unexpectedly decreased by 0.1%, following no change in May, according to the Labor Department. This marks a second consecutive month of stable CPI readings, suggesting a slowdown in inflationary pressures. Over the past year through June, the Consumer Price Index (CPI) rose by 3.0%, a slight decline from May's 3.3% increase and slightly below economists' expectations.