Inflation Holds Steady At 2.7% In Jul., Lower Than Expected
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July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.
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Core CPI accelerates to 3.1% Y/Y in July, highest print since February
The core Consumer Price Index picked up to 3.1% Y/Y in July, its highest level since February, exceeding the 3.0% consensus and the +2.9% pace in June, according to data released by the Bureau of Labor Statistics on Tuesday.
(Bloomberg) -- Here are the key takeaways from the July US consumer price index report, released Tuesday:
Consumer prices rose 0.2 percent in July, according to data released Tuesday by the Bureau of Labor Statistics (BLS), as the economy braces for the full imposition of President Trump’s
The consumer-price index is due out on Tuesday morning, offering the latest insight into how President Trump's tariff policies are feeding into price pressures. Here's what to know: Prices likely rose 2.
The July index for bread was 241.2, up 0.4% from June and up 1.3% from a year ago. Under this heading, the CPI for white bread was 431.6, down 0.1% from June but up 0.5% from July 2024. For bread other than white, the index was 475.6, up 1.2% from June and up 2.3% from a year ago.
U.S. stocks finished sharply higher on Tuesday, with the S&P 500 and Nasdaq Composite booking fresh records after [the July consumer-price index](
Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer-price index report for July. Policymakers should “reserve judgment” until other reports,