US: Inflation Heats up in June, as Tariff Impacts Start to Surface 

Wait 5 sec.

The Consumer Price Index (CPI) rose 0.3% in June, in line with the consensus forecast in Bloomberg and an acceleration from May’s gain of 0.1% m/m. On a twelve-month basis, CPI was up 2.7% (from 2.4% in May). Energy costs (0.9% m/m) turned higher last month – following a decline in May – while food […]The post US: Inflation Heats up in June, as Tariff Impacts Start to Surface  appeared first on Action Forex.