Inflation heats up in June amid fears of Trump trade war effects

Source: Axios

“Consumer prices rose at a quicker rate in June, breaking a months-long streak of cooling inflation, the Labor Department said on Tuesday. … The Consumer Price Index rose 0.3% in June, while the core measure — which strips out energy and food prices — rose 0.2%. Both gauges rose by 0.1% in May. … Economists anticipate inflationary consequences from tariffs will show up in reports down the line, as businesses run down stockpiles of goods brought in before the biggest tariffs took effect.” (07/15/25)

https://www.axios.com/2025/07/15/cpi-consumer-price-index-june