U.S. consumer prices unchanged in June

U.S. consumer prices unchanged in June

 U.S. consumer prices were unchanged in June as the higher cost of food offset another decline in energy, the Labor Department said Tuesday. The energy index fell 1.4% while the food index rose 0.2%. So-called core prices, which strip out volatile food and energy costs, rose a seasonally adjusted 0.2% last month. Economists surveyed by MarketWatch had forecast a no change in the main CPI and a 0.2% increase in core CPI. Consumer prices have risen an unadjusted 1/7% over the past 12 months, the same as in May. The core rate has increased 2.2% over the past 12 months, down from 2.3%. The government also reported that inflation-adjusted hourly wages, on average, rose 0.2% in June