Inflation ticks up in Jun. following tariffs
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Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index for last month is due at 8:30 a.m. ET. Year-over-year inflation likely picked up to 2.
The consumer price index in June was expected to increase 2.7% from a year ago, according to the Dow Jones consensus estimate.
Inflation rises to 2.7% in June, driven by earlier tariffs. Learn how this surge impacts the Fed's strategy and economic outlook.
Consumer inflation accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor Department's consumer-price index showed year-over-year inflation picked up to 2.7%. Th
The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for June on Tuesday at 12:30 GMT.
U.S. consumers modestly lowered their expectations for inflation for the year ahead, while keeping longer-term expectations unchanged, the Federal Reserve Bank said in its June 2025 Survey of Consumer Expectations on Tuesday.
Helen of Troy’s stock was tumbling toward a 14-year low Thursday, after the company said tariff-related impacts hurt consumer spending and led to a sales miss and a downbeat outlook.
Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded.