大象传媒

The rate of price growth in the US dropped to its slowest pace in more than two years, helped by cheaper used cars.

Inflation has fallen sharply from a peak of more than 9% last year and June's reading marks the slowest pace since March 2021.

The figures suggest a succession of interest rate rises have punctured soaring prices. However, analysts still expect the US Federal Reserve to raise rates again this month.

(Picture:SOUTH BURLINGTON, VERMONT - JULY 1: Customers checkout groceries at a Hannaford supermarket July 1, 2023 in South Burlington, Vermont. Picture Credit: Getty Images).