Inflation surged in Jun. amid tariffs
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The consumer price index rose 2.7% on an annual basis in June 2025, up from 2.4% in May, according to the Bureau of Labor Statistics. However, the full impact of President Donald Trump's tariffs is still to come,
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Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing and large appliances.
US stocks turned mixed after June inflation data. Investors now turn to earnings. Nvidia jumps on hopes for China chip sales, lifting Nasdaq to record
Inflation in Canada picked up in June despite only limited signs companies have begun passing tariff costs on to consumers, likely keeping the central bank sidelined for a third policy meeting in a row.
The U.S. is expected on Tuesday to report that rising costs for imported goods lifted overall consumer prices in June, kicking off what might be several months at least of such increases and giving Federal Reserve officials highly awaited data on whether the Trump administration's tariffs are boosting inflation.
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India’s retail inflation dropped to a 6-year low of 2.1% in June 2025, thanks to falling food prices and a strong monsoon. But a spike in gold and silver prices pushed core inflation to 4.4%. With easing CPI,
Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India's economy rose by a faster-than-expected 7.4% in the quarter ended March.