CON­SUMER PRICES STAY FLAT IN JUNE

The Denver Post - - BUSINESS -

WASHINGTON» Lower costs for gas, air­line tick­ets, new and used cars and wire­less mo­bile phone plans kept U.S. con­sumer prices flat in June, ev­i­dence that in­fla­tion re­mains muted.

The un­changed read­ing fol­lowed a drop of 0.1 per­cent in May, the La­bor Depart­ment said Fri­day. In­fla­tion has climbed just 1.6 per­cent from a year ago. That’s down sharply from Fe­bru­ary, when prices rose 2.7 per­cent from a year ear­lier.

Ex­clud­ing the volatile food and en­ergy cat­e­gories, prices rose 0.1 per­cent in June and 1.7 per­cent from a year ear­lier.

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