{"id":2762,"date":"2026-07-18T10:03:37","date_gmt":"2026-07-18T10:03:37","guid":{"rendered":"https:\/\/coloradospringsmoverss.com\/?p=2762"},"modified":"2026-07-18T10:03:37","modified_gmt":"2026-07-18T10:03:37","slug":"milk-prices-at-an-all-time-high-but-most-consumer-costs-slip-in-june-after-months-of-increases","status":"publish","type":"post","link":"https:\/\/coloradospringsmoverss.com\/?p=2762","title":{"rendered":"Milk prices at an all-time high, but most consumer costs slip in June after months of increases"},"content":{"rendered":"
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Following months of rising costs, inflation\u00a0saw the biggest single-month drop in six years in June thanks to cheaper clothes, medical care and transportation, coupled with rapidly falling energy prices.<\/p>\n

Read more Federal judge bars Trump administration from using obscure clause to make huge funding cuts<\/a><\/p>\n

Across the board, consumer costs decreased 0.4% last month after rising 0.5% in May, according to the Bureau of Labor Statistics\u2019 latest report released Tuesday. That month-over-month change is largely due to easing oil and gas prices, with the index for energy falling a noticeable 5.7% \u2014 the most since April 2020.<\/p>\n

Whether energy prices will continue their downward trend remains to be seen. The Iran war has disrupted oil production and distribution in the Middle East, particularly with the effective closure of the Strait of Hormuz, through which a fifth of the world\u2019s oil and gas is shipped. While May and June saw an interim deal to end the war, temporary reprieves from hostilities and the strait\u2019s reopening, recent and intensifying strikes by both the Islamic Republic and the United States have halted that progress. Just last week, President Donald Trump said the ceasefire is \u201cover,\u201d and oil prices are already nearing their highest in a month.<\/p>\n

Moreover, despite June\u2019s dips, a look across the last year shows prices remain stubbornly high. Energy costs are up a whopping 15.7% in the last 12 months, and overall inflation is 3.5% higher than it was just a year ago \u2014 still well above the Federal Reserve\u2019s target of 2%.<\/p>\n

The Tribune is tracking 11 everyday costs for Americans \u2014 eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas \u2014 and how they are changing, or not, under the second Trump administration. This tracker is updated monthly using CPI data from the U.S. Bureau of Labor Statistics.<\/p>\n

To see the average U.S. price of a specific good, click on the dropdown arrow below and select the item you wish to view.<\/em><\/p>\n