Inflation Jumps 2.7% in June as Tariff Impacts Start to Show
The June Consumer Price Index (CPI) report showed headline inflation rising to 2.7% year‑over‑year, while core CPI — which excludes volatile food and energy components — reached 2.9%. Several consumer goods categories registered notable increases after months of declines, a pattern consistent with the first pass-through of higher import costs into retail prices. Apparel, footwear … Read more