US consumer inflation holds at 2.7% as tariff worries persist

The consumer price index (CPI) rose 2.7 percent from a year ago in July, unchanged from the rate in June, said the Department of Labour

AFP

August 12, 2025 / 18:16 IST

The consumer price index (CPI) rose 2.7 percent from a year ago in July

Consumer inflation in the United States was lower than expected in July, government data showed Tuesday, but underlying price increases picked up as President Donald Trump's sweeping tariffs ripple through the world's biggest economy.

The consumer price index (CPI) rose 2.7 percent from a year ago in July, unchanged from the rate in June, said the Department of Labour, as worries over the reliability of data intensify and central bank officials gauge the effects of Trump's fresh levies this year.

AFP

first published: Aug 12, 2025 06:16 pm

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