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The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by ...
The June CPI report shows that inflation is accelerating, but at a pace that's in line with economists' expectations. The ...
Consumer inflation likely accelerated in June, as the Trump administration's tariffs start to push up prices. The Labor ...
Consumer inflation climbed in June, with the annual rate of food and non-alcoholic beverages reaching a 15-month high.
CPI inflation rose faster than expected, aligning with forecasts for higher inflation in the coming months. Check out what ...
The U.S. Bureau of Labor Statistics announced Tuesday that consumer prices moved upwards in June, with the true impact of ...
Consumer Price Index, or CPI rose 0.3%,the largest monthly gain since January, pushing year-over-year inflation to 2.7%, up ...
But in June, food prices continued to heat up. Food and non-alcoholic beverages were 5.1% more expensive than a year ago. Beef was a big contributor, as foot-and-mouth disease fuelled price hikes.
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
"June's CPI report was better than what markets were expecting with the year-over-year rate of inflation slowing down to 3.0%, the lowest reading since March of 2021, while the core CPI year-over ...