Jun. inflation likely to have picked up, economists say
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The consumer price index rose 2.7% on an annual basis in June 2025, up from 2.4% in May, according to the Bureau of Labor Statistics. However, the full impact of President Donald Trump's tariffs is still to come,
The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to intensify over the coming months, especially if new tariffs the president has threatened against the European Union and a host of other countries in recent days are imposed on Aug. 1 as planned.
President Donald Trump's far-reaching tariffs are starting to push sticker prices, though not as much as some economists had forecast.
A new inflation report released this morning shows the country’s 12-month inflation rate has gone up for a second consecutive month. Economists have been warning about the impact of President Trump’s tariff threats.
June’s U.S. CPI print showed that there is evidence of inflation pressures in the product categories that are most exposed to tariffs, according to Arch Capital's Parker Ross.
India’s retail inflation dropped to a 6-year low of 2.1% in June 2025, thanks to falling food prices and a strong monsoon. But a spike in gold and silver prices pushed core inflation to 4.4%. With easing CPI,
Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India's economy rose by a faster-than-expected 7.4% in the quarter ended March.