July/2025
source: U.S. Bureau of Labor Statistics
- The US annual inflation rate held at 2.7% in July, defying forecasts of a tariff-driven rise to 2.8%.
Core inflation climbed to 3.1% from 2.9%, above expectations of 3%, signaling underlying price pressures despite stable headline CPI.
On a monthly basis, CPI rose 0.2% as expected, while core CPI increased 0.3%, its largest gain in six months.
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