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    US Inflation Rate Decreases Amid Rising Costs

    2 weeks ago

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    The inflation rate in the US decreased to 3.4% in June from 3.6% in May, but warnings of potential price increases loom due to external factors like the Gulf Conflict. Home-heating oil prices surged by 49% over the past year, with diesel and petrol also rising. Central Bank officials anticipate further increases linked to energy costs.
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