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Inflation breakdown for June 2025 — in one chart

Customers are listed on April 18, 2025 in a Costco branch in Connecticut, Niantic in the Check -out cabin.

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The annual inflation rate reached a higher level in June in accordance with expectations, as lower prices in the gasoline pump balances higher prices in the grocery store.

Economists said that the full impact of the Trump administration from the tariff agenda to increase consumer prices more in the coming months, but that trade policies began to significantly affect inflation.

. Consumer Price IndexThe Office of the Statistics on Tuesday, an important inflation barometer, increased by 2.7% up to 12 months until June.

Inflationist effect of tariffs

Minister Donald Trump’s tariffs continue to continue their way in the US economy, even if the risk of climbing increases.

Trump announced on Saturday that the US will apply 30% tariffs to the European Union and Mexico as of August 1st. On Monday, Trump threatened to apply “secondary tariffs” to Russia’s trade partners with “about 100%”.

Tariffs are import tax on foreign nations paid by US companies importing good or service. Affected enterprises are expected to transfer at least some of this additional cost to consumers at higher prices.

“Although the inventory has reduced the need to raise the prices of goods from the front, it will be difficult for businesses to absorb higher import tasks while reducing higher import tasks,” the inventory has reduced the need to increase the prices of pre -avoidance. ” He said. research report. He continued: “As a result, we expect basic goods prices to increase in the second half of the year.”

“Since we are in this high tariff environment for longer, you will start to see more of these effects.” He said.

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White House Economic Consultant Kevin Hassett argued that consumers are not as inflationary as they are expected to have new tariff policies because they bought more American -made goods.

However, other economists estimate that the full impact of pricing tariffs will emerge in the second half of the year.

Mark Zandi, Moody’s chief economist, “Inflation will enter a much higher gear in the coming months.” He said. He continued: “Now we are at the front of it, but it will become clear in the coming months.”

“Higher tariffs also contribute to the production costs of businesses and this will flow more indirectly to consumers.” He said.

‘This will not be like 2022’

Nevertheless, longer -term inflation expectations are slightly quiet. “Although it accelerates inflation, this will not be like 2022,” Bankrate’s financial analyst Stephen Kates said. He said. It drew attention to the June report of inflation three years ago Rose to 9.1 %To mark the biggest leap compared to last year since 1981.

Kates, in many ways, said that shoppers are still fighting this sticker shock. “People have long memories for this,” he said.

“I was paying $ 2 for a box of box, and now $ 3.50,” he said. “This is a big change and you always remind you every week.”

This month’s report had some mixed signals.

Grocery prices increased by 0.3% during the month and was 2.4% higher each year. Meats, poultry, fish and egg index increased by 5.6% in the last 12 months. However, although the eggs are still almost 30% higher than a year ago, it fell by 7% compared to last month.

Housing inflation, which is the largest CPI component, increased only 0.2% for the month, but was 3.8% higher than a year ago. Bls, this, the general CPI earnings the greatest contribution, he said.

According to CPI data, gasoline prices increased by 0.1% from May to June, seasonally adjusted, but fell by 8.3% for the year.

Meanwhile, used automobiles and trucks declined in June, prices in new vehicles fell 0.3% and cars and trucks reduced 0.7%. Airline fees are also slightly lower, 0.1%.

“There is too many cross -flows, but the network is higher, and this is the pioneer of the strong number of inflation in the coming months.” He said.

Core inflation – has revealed energy and food prices, which can be variable categories – increased by 2.9% in June.

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