This is the deflation breakdown for June 2024 — in 1 chart

This is the deflation breakdown for June 2024 — in 1 chart


Important Details
  • Deflation steps how rapidly prices are declining for shopper items and companies.
  • Selling prices have deflated for a selection of goods like bodily merchandise, airfare, gasoline and some groceries considering that June 2023, in accordance to the customer price index.
  • A single clarification: Supply and demand dynamics have normalized right after currently being thrown out of whack in the course of the Covid-19 pandemic.



Supply

Stocks making the biggest moves midday: Coinbase, UnitedHealth, Dick’s Sporting Goods, Boot Barn and more
Finance

Stocks making the biggest moves midday: Coinbase, UnitedHealth, Dick’s Sporting Goods, Boot Barn and more

Check out the companies making headlines in midday trading. Walmart — Shares of the big-box retailer dropped 1% after Walmart fell slightly short of first-quarter sales expectations and management warned that consumers could see higher prices caused by tariffs. Walmart reported revenue of $165.61 billion, while the consensus forecast was $165.84 billion, per LSEG. The retailer earned 61 […]

Read More
Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges
Finance

Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges

Key Points Fed Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux. “We may be entering a period of more frequent, and potentially more persistent, supply shocks — a difficult challenge for the economy and for central banks,” the central bank […]

Read More
Stocks making the biggest moves premarket: Walmart, Dick’s Sporting Goods, UnitedHealth, Alibaba and more
Finance

Stocks making the biggest moves premarket: Walmart, Dick’s Sporting Goods, UnitedHealth, Alibaba and more

Check out the companies making headlines before the bell. Walmart – The discount retailer reported better-than-expected earnings , but shares were slightly lower in the premarket. Walmart posted an adjusted profit of 61 cents per share, beating an LSEG estimate of 58 per share. Revenue of $165.61 billion was about in line with the consensus […]

Read More