Inflation
According to the Bureau of Labor Statistics, the seasonally adjusted Consumer Price Index (CPI) dropped by 0.4% in June, almost entirely due to drop in oil prices. This lowered the overall inflation rate to 3.5% over the past 12 months. And while this is the average, close to us, Philadelphia’s inflation is 5.4%.
Click here for the latest Lehigh Valley Economic Review.
Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.
(Original air-date: 7/17/26)
