US prices continued rise in July as Trump tariffs impact consumer costs - short news
Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in June
US prices continued to rise in July, according to key economic data released on Tuesday, as Donald Trump’s international tariffs shakeup started to impact consumer costs.
Prices were 2.7% higher last month compared with a year ago, according to the consumer price index (CPI), which measures the prices of a basket of goods and services. Though..
source: The Guardian - 12.08.2025