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المشهد العربي
US Inflation Eases in June
Data from the Office of Economic Analysis showed that U.S. inflation slightly declined in June, with the core Personal Consumption Expenditures (PCE) index increasing by 3.3% year-over-year, down from 3.4% in May, aligning with expectations. The monthly increase also slowed to 0.1% from 0.3% the previous month. Overall inflation decreased to 3.7% annually, with a monthly contraction of 0.1%. This easing was partly due to a temporary lull in energy markets ahead of rising tensions between Washington and Tehran, which impacted financial markets. Personal disposable income rose by $48.3 billion, and consumer spending increased by $65.2 billion.
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