June inflation report shows consumer prices fall to 3%



The June inflation report shows that consumer prices fell to 3%, the 12th-consecutive month of declines. NBC’s Brian Cheung and Investopedia editor-in-chief Caleb Silver break down the numbers.

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#Inflation #Economy

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39 comments

  1. So the wackjob media plays into brandons lies about inflation!? So last year it was 9% higher and add 0nly 3% more and the world is a better place because its at 3% higher but forget the 9% from last year because that never happened!!! WoW 12% sure looks good when you call it 3% !!!🤯

  2. I love the grounded reality of this channel!!!, Despite the recession, I'm so happy withdrawing $230K profit out of my investment I can now afford anything and also support Charity Organizations

  3. Truth is, inflation will never reach 2% ever again, maybe in the next life, but not this one. Hopefully, we'll reach 3.5% sometime, not anytime soon tho. Anyone purchasing groceries and gasoline is aware that real inflation is much over 10%; they simply lie about it like cheap blankets. In reality, interest rates would be in the 20s because of how high inflation is. But then despite the severe bear market, I am aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

  4. Still not helping the price of food,gas,and things people need everyday. Nobody ever thinks of low income people.

  5. lies inflation still high those are election numbers

  6. Misinformation administration. Its 3% from its high last month. 2022 average is 8%.

  7. $5.20 for regular gas in California. Rents higher, Food stable from last month. Prices are still rising but only up 3% from last month.

  8. Don't get duped that Biden is doing a good job.

    Sugar is up 99.25% in the past 3 years.

    Soybean oil is up 133%.

    Wheat is up 30%.

  9. Of course they are, funny the elections are coming up 🤡

  10. Where??? Biden will change this soon!!!!! Watch.

  11. Oh please stop being paid to lie…none of this data is correct…it all BS…Ventura, Ca gas price chervon $5.06…

  12. These guys are trying to help Grandpa Joe ! 👴 more lies

  13. Fell 3% from the 100% overall inflation! Biden is looking to destroy the Middle class

  14. When you control the numbers, you can make them say anything.

  15. Wow inflation is surely going away prices of gas went up to $5.15 and it only drop to near $4 amazing In 2019 gas was very cheap to about $2. Its going to be many year before we get that $2 gasoline again maybe 2077. And bread was $1 now its going up $2. So WHAT ALL THIS MEANS IS WE WILL HAVE INFLATION FOR MANY YEARS.. OUCH MY WALLET

  16. Currently, US and world economies are approaching stall speed.
    Once government starts printing again, gas and food prices will rise as much as the stock market.

  17. Bad news for transgender. Republicans can't complain about the economy. So back to picking on them

  18. I remember 1.87 cents per gallon with Trump And now Joe Biden buys oil from a dictator in Venezuela. While American oil workers and their families have no job.

  19. This further proves that Democrats know how to lead the country and experts on economic. Unlike the Republicans who always complain, but no solution for anything.

  20. GAS Down
    Inflation Down
    Jobs Up
    DOW Up up up

    Thank You President Biden. The Silent Majority have your back. Carry On Sir, carry on !

  21. Bidenomics in Action! Thank you President Biden

  22. Conveniently leaves out food and energy making inflation look like it’s slowing down. and everyone gets fooled. Nice

  23. Take that, GOP. Inflation is now one less thing that you can moan and whine about.

  24. I'll believe it when my grocery bill stops going up. I'm paying twice what I did when Trump was in, for half as many items.

    Here come the NPCs to tell me that what I'm seeing with my own eyes is "misinformation".

  25. Gaslighting the American People for their rich alegard ruler in their banana republic

  26. Has is 4.60 a gallon where I live.
    Thanks Joe!

  27. I haven’t seen any inflation decrease! The only difference I’ve seen is price of eggs lol don’t act like everywhere has deflation it’s random and barely noticeable !

  28. Milk (regular), (1 gallon) 5.21$
    Loaf of Fresh White Bread (1 lb) 4.01$
    Rice (white), (1 lb) 3.63$
    Eggs (regular) (12) 5.58$
    Local Cheese (1 lb) 8.40$
    Chicken Fillets (1 lb) 7.48$
    Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.14$
    Apples (1 lb) 2.84$
    Banana (1 lb) 1.01$
    Oranges (1 lb) 2.50$
    Tomato (1 lb) 2.92$
    Potato (1 lb) 1.87$
    Onion (1 lb) 1.78$
    Lettuce (1 head) 2.96

  29. For the week of: 07/10/2023
    Region Price (cents per gallon):
    New York Statewide 358.0
    Upstate New York 366.8
    Downstate New York 348.4
    New York City Metropolitan Area 351.1

  30. Your numbers are only in your area on the west coast we are paying way higher prices than what you noted. Gas being that low would be a luxury were paying over $5.00 a gal.
    Milk Im paying over $6.00 Bread over $4.00
    Dont just focus on some small area #s.

  31. WHERE????? 3.79 GAS. FOOD UP, EVERYTHING UP. NOTHING IS GETTING CHEAPER. WE LIVE THIS NBC.

  32. 8 of the top 10 states with the highest inflation rate? The Republican-led states of Mississippi, Louisiana, Oklahoma, Alabama, Texas, Arkansas, Florida and Utah. 8 of the top 10 states with the highest poverty rate? The Republican-led states of Arkansas, Mississippi, Louisiana, West Virginia, Alabama, Kentucky, South Carolina and Oklahoma.

  33. Joe made everything go up 300 percent now they're praising him because it went down 3 percent.

  34. Let’s be clear prices are still increasing. The talking head said decline Several times. While the rate has declined the net affect is still increasing prices. And the only reason it’s declined is because we’re lapping the 15 to 25% increases that hit us last year. Thats not relief. This is Bidenomics. Increasing prices and telling you it’s raining.

  35. Psssst… Not counting gas, energy, and food/consumer goods.. LOL nice bait n switch.. (and you know this to be true, because Powell already signaled 2-3 or more fed hikes on their way before year’s end).