PPI, inflation and Wholesale prices
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The latest federal data show the CPI increasing 2.7% over the previous 12 months, outpacing the 2.4% May figure and raising questions around the impact of trade uncertainty.
US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch.
Gold prices increased in the domestic futures market on July 16, influenced by positive global trends and a weaker US dollar. Silver also gained due to strong demand in the spot market.
U.S. producer prices remained unchanged in June, influenced by tariff-driven shifts. While goods costs rose, service prices softened, offering hope against widespread inflation. The Federal Reserve might keep interest rates steady amid these dynamics,
Consumer prices rose 1.5% in June compared to June 2024 for the Bay Area — rising slightly since April, which had a +1.3% change. The Bay Area fared better than the rest of the country, which saw a 2.7% rise. Consumer Price Index, 12-month change
Inflation accelerated in June as President Trump’s tariffs started to leave a bigger imprint on the economy, keeping the Federal Reserve on track to hold interest rates steady when policymakers next meet this month.
The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.
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.
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Cryptopolitan on MSNUS inflation rises for first time in 5 months as tariff costs ripple through economyUS core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs.
The core consumer price index (CPI), which excludes the volatile food and energy components, rose 0.2% month-on-month.
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, according to economists.