I'll research the latest CPI update. Let me start by finding the most recent data. I see a headline "CPI for all items f

I'll research the latest CPI update. Let me start by finding the most recent data. I see a headline "CPI for all items falls". Let me get the page text to find the latest release details. The latest CPI release is dated 07/14/2026: "CPI for all items falls 0.4% in June; gasoline down". Let me open the full news release for details. Let me extract the full text of the news release. I have the core details. Let me grab the remaining section on not seasonally adjusted measures and regional/chained CPI details. Latest CPI Update — June 2026 (released July 14, 2026) Source: U.S. Bureau of Labor Statistics, Consumer Price Index Summary (USDL-26-1191), embargoed until 8:30 a.m. ET, July 14, 2026. This covers the June 2026 data (report month M06). Headline numbers Measure June 2026 (monthly, SA) 12-month (NSA) All items (CPI-U) −0.4% (after +0.5% in May) +3.5% All items less food & energy ("core") unchanged (0.0%) (after +0.2%) +2.6% Food +0.2% +3.0% Energy −5.7% +15.7% What the decline entails Largest 1-month drop since April 2020. The all-items index fell 0.4% — the biggest monthly decline since the early-pandemic −0.8% reading. Energy drove it. Energy fell 5.7% (largest 1-month drop since April 2020), with gasoline down 9.7% — more than offsetting gains in shelter and food. Core inflation stalled. Ex-food/energy was flat in June. Shelter rose just 0.1%, its smallest monthly move since January 2021 (rent +0.1%, owners' equiv. rent +0.2%); lodging away from home fell 2.3%. Falling indexes: motor vehicle insurance (−2.0%), communication (−1.5%), apparel (−0.6%), used cars/trucks (−0.2%), medical care (−0.1%). Rising indexes: recreation (+0.5%), household furnishings & operations (+0.2%), personal care (+0.2%). Year-over-year detail Energy still up 15.7% over 12 months — gasoline +26.7%, fuel oil +42.9% (the monthly drop hasn't erased the annual climb). Food +3.0% (food away from home +3.4%; fruits/vegetables +5.3%). Core +2.6%; notable annual gains: airline fares +26.5%, recreation +2.8%, household furnishings +2.5%, shelter +3.3%. Other indexes (NSA, 12-month) CPI-W: +3.5% (monthly −0.5% before adjustment). Chained C-CPI-U: +3.4% (monthly −0.3%); note its prior 10–12 months are subject to revision. What's next The July 2026 CPI is scheduled for release August 12, 2026, at 8:30 a.m. ET. Bottom line: June showed a rare monthly deflation in headline CPI, almost entirely a gasoline/energy story. Underlying "core" inflation was essentially flat, with shelter cooling — a meaningful disinflation signal, though energy's annual pace remains elevated. Note: the BLS homepage still displays a stale "LATEST NUMBERS: +0.5% in May 2026" widget, but the official July 14 release supersedes it with the June figures above.