Inflation picks up again in June, rising at 2.7% annual rate
Source: CNBC
Published Tue, Jul 15 2025 8:31 AM EDT Updated 11 Min Ago
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy.
The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right in line with the Dow Jones consensus.
Excluding volatile food and energy prices, core inflation picked up 0.2% on the month, with the annual rate moving to 2.9%, with the annual rate in line with estimates. The monthly level was slightly below the outlook for a 0.3% gain.
Prior to June, inflation had been on a generally downward slope for the year, with headline CPI at a 3% annual rate back in January and progressing gradually slower in the subsequent months despite fears that Trump’s trade war would drive prices higher.
Read more: https://www.cnbc.com/2025/07/15/cpi-inflation-report-june-2025.html
From the source -
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CPI for all items rises 0.3% in June; shelter up #BLSData #CPI https://bls.gov/news.release/archives/cpi_071502025.htm
8:30 AM · Jul 15, 2025
Article updated.
Previous articles -
Published Tue, Jul 15 2025 8:31 AM EDT Updated 11 Min Ago
Consumer prices rose in June as President Donald Trump's tariffs began to slowly work their way through the U.S. economy.
The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right in line with the Dow Jones consensus.
Excluding volatile food and energy prices, core inflation picked up 0.2% on the month, with the annual rate moving to 2.9%, also matching the respective estimates.
Prior to June, inflation had been on a generally downward slope for the year, with headline CPI at a 3% annual rate back in January and progressing gradually slower in the subsequent months despite fears that Trump's trade war would drive prices higher. While the evidence in June was mixed on how much influence tariffs had over prices, there were signs that the duties are having an impact.
Consumer prices rose in June as President Donald Trump's tariffs began to slowly work their way through the U.S. economy.
The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right in line with the Dow Jones consensus.
Excluding volatile food and energy prices, core inflation picked up 0.2% on the month, with the annual rate moving to 2.9%, also matching the respective estimates.
This is breaking news. Please refresh for updates.
Original article -
The consumer price index in June was expected to increase 2.7% from a year ago, according to the Dow Jones consensus estimate.
This is breaking news. Please refresh for updates.
= new reply since forum marked as read
is BECAUSE the "real market" capitalists - NOT the nouveau ones - have warned against that.
There is an "AI bubble" forming big time, not unlike what happened with the "dot-com bubble" that started some 30 years ago -
(above from here, which had a nice plot - https://www.modwm.com/dot-com-bubble-history-remains-relevant/)
(I forgot about "Aol-Time Warner" 
)
oh wait... 
It's almost as if tariffs and mass deportations are increasing prices. 
News report from the source: https://www.bls.gov/news.release/cpi.nr0.htm
CPI data series: https://data.bls.gov/timeseries/CUSR0000SA0
CORE CPI data series: http://data.bls.gov/timeseries/CUSR0000SA0L1E
I annualize everything to be comparable to each other and to compare to the Fed's 2% target
They are calculated using the actual index values, not from the rounded off monthly change numbers.
The CPI rise averaged 2.4% over the past 3 months on an annualized basis (core CPI: 2.4%)
The June one month increase annualized is: CPI: 3.5%, (core CPI: 2.8%)
REGULAR CPI
CORE CPI
Both the CPI and Core CPI 3 month rolling average were helped a lot when the huge January increases dropped out of the 3-month window, and were hurt a lot when the March decrease for the CPI and the tiny increase for the Core CPI dropped out of the window.
The rolling 12 months averages graphs are in the OP. They were hurt by last year's very small June 2024 month-over-month increases dropping out of the 12 month window. What drops out of the window is just as important as what enters the 12 month window (which is the latest, June 2025).
Some featured items from the BLS news summary https://www.bls.gov/news.release/cpi.nr0.htm
Increases in June over May:
Shelter: +0.2%, Energy: +0.9%, Gasoline: +1.0%, Food and food at home: +0.3%, Food way from home: +0.4%,
12 month increases:
Energy: -0.8%, Food: +3.0%
Bar graph of increases and decreases of various CPI components arranged from highest increase to lowest and then decreases, 12 month numbers (year-over-year)
https://finance.yahoo.com/personal-finance/banking/article/june-inflation-breakdown-consumers-feel-the-pinch-with-tariffs-looming-181129115.html
Household energy +7.1%
Auto insurance: +6.1%
Housing: +4.0%
Restaurant meals: +3.8%
. . .
Hotel rooms: -2.5%
Electrionics: -3.3%
Airfare -3.5%
Gasoline: -8.3%
