Episode
Inflation Slows But Costs Still Soar
- Published
- Jun 11, 2026
- Duration seconds
- 108
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Summary
Inflation dipped slightly to 3.6% last month, mostly due to cooling energy prices, but the cost of living remains painfully high. Education costs surged 8.9%, clothes jumped 7.4%, and housing, utilities, and gas rose 7.1%. Only furnishings saw a small drop. Core inflation, excluding energy and food, sits at 2.9%. Monthly prices fell 0.1%, driven by drops in recreation, housing, and fuel. With the ECB poised to raise rates again, economists predict a brief dip in inflation thanks to lower oil, but a rebound in August as rate hikes hit mortgages and bills. Mortgage inflation’s already climbing, and if fuel tax cuts expire, prices will soar further. Groceries like meat and cheese are up, while butter and bread dipped slightly — and diesel and petrol are up sharply year-over-year. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/b6a6263173db498f