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Falling gas prices cut inflation in June, but renewal of Iran war could limit progress
By Christopher Rugaber | The Associated Press at NBC Bay Area (KNTV, NBC)
· July 14, 2026
· 4 min read
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled more than expected.
Prices dropped 0.4% in June from May, the largest monthly drop in four years, the Labor Department said Tuesday...
Key takeaway 4% in June from May, the largest monthly drop in four years, the Labor Department said Tuesday.
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Category: local ·
Published: July 14, 2026 ·
Source: NBC Bay Area (KNTV, NBC) ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled more than expected.
Prices dropped 0.4% in June from May, the largest monthly drop in four years, the Labor Department said Tuesday...
When was this published? This article was first published on July 14, 2026 by NBC Bay Area (KNTV, NBC) and curated for The San Francisco readers.
Who reported this story? This story was reported by Christopher Rugaber | The Associated Press at NBC Bay Area (KNTV, NBC). To learn more about how The San Francisco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Francisco, or browse our daily briefing and topic hubs .
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