Inflation Picks Up Again In June, Rising At 2.7% Annual Rate

2 days ago

July 15, 2025, 8:42 AM EDT / Source: CNBC

Consumer prices roseate successful June arsenic President Donald Trump’s tariffs began to slow activity their measurement done nan U.S. economy.

The consumer value index, a broad-based measurement of equipment and services costs, accrued 0.3% connected nan month, putting nan 12-month ostentation complaint astatine 2.7%, nan Bureau of Labor Statistics reported Tuesday. The numbers were correct successful statement pinch nan Dow Jones consensus.

Excluding volatile nutrient and power prices, halfway ostentation picked up 0.2% connected nan month, pinch nan yearly complaint moving to 2.9%, besides matching nan respective estimates.

Jeff Cox, CNBC

Jeff Cox is simply a finance editor pinch CNBC.com wherever he covers each aspects of nan markets and monitors sum of nan financial markets and Wall Street. His stories are routinely among nan most-read items connected nan tract each time arsenic he interviews immoderate of nan smartest and astir well-respected analysts and advisors successful nan financial world.

Over nan people of a publicity profession that began successful 1987, Cox has covered everything from nan illness of nan financial strategy to statesmanlike authorities to section authorities battles successful his autochthonal Pennsylvania.