CPI, tariff and inflation
Digest more
The consumer price index in June was expected to increase 2.7% from a year ago, according to the Dow Jones consensus estimate.
2h
InvestorsHub on MSNU.S. Inflation Meets Expectations in June; New York Manufacturing Rebounds SharplyConsumer price growth in the U.S. aligned with economists’ projections in June, according to data released Tuesday by the Labor Department. The Consumer Price Index (CPI) climbed 0.3% in June, a faster pace than the 0.
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
Inflation rises to 2.7% in June, driven by earlier tariffs. Learn how this surge impacts the Fed's strategy and economic outlook.
Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded.
By Howard Schneider WASHINGTON (Reuters) -Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher in June in what economists see as evidence of the Trump administration's increasing import taxes passing through to consumers.