Core Consumer Prices Rise Less Than Expected For 5th Straight Month

[mystery-ak]

Core Consumer Prices Rise Less Than Expected For 5th Straight Month

John Carney 15 Jul 2025

U.S. consumer prices rose 0.3 percent in June, the Department of Labor said Tuesday.

Economists had forecast a 0.3 percent rise compared with the previous month. In May, the consumer price index (CPI) climbed just 0.1 percent.

Compared with a year earlier, the consumer price index rose 2.7 percent, slightly above the consensus forecast for 2.6 percent.

Core prices, which exclude volatile food and energy categories, rose 0.2 percent. Economists had forecast a rise of 0.3 percent. In May, core CPI rose 0.1 percent. Compared with a year ago, core CPI rose 2.9 percent, matching expectations.

Core goods prices rose 0.2 percent, the largest increase since a 0.2 percent rise in February. In May, core goods prices were flat. In April, core goods prices rose 0.2 percent. In March, they fell 0.1 percent. Compared with a year ago, core goods prices are up a slight 0.7 percent.

Prices of vehicles fell in June. New car and truck prices fell 0.3 percent for the second consecutive month and are up just 0.2 percent compared with a year earlier. Used car prices tumbled 0.7 percent, the fourth straight month of declines. Compared with a year ago, used car prices are up 2.8 percent.

Food prices increased 0.3 percent, with grocery prices rising 0.3 percent and dining out prices moving up 0.4 percent.

The energy index climbed 0.9 percent in June as the gasoline index increased 1.0 percent over the month.

more
https://www.breitbart.com/economy/2025/07/15/core-consumer-prices-rise-less-than-expected-for-5th-straight-month/

[Bigun]

Core Consumer Prices Rise Less Than Expected For 5th Straight Month

That's called a trend when anyone other than Trump is president.

[mystery-ak]

From The Hill

 Inflation ticks up in June following tariffs
by Tobias Burns - 07/15/25 8:35 AM ET

Inflation rose by 2.7 percent in June following warnings from economists that the cost of President Trump’s tariffs would make it through value chains and start to show up in consumer prices over the summer.

The Labor Department’s consumer price index (CPI) rose by 0.3 percent on the month to hit an increase of 2.7 percent compared to last year. The Federal Reserve’s target for inflation is 2 percent.

Economists were expecting an annual rise in the June index of between 2.6 percent and 3.0 percent, so the increase is in line with their expectations.

DEVELOPING

https://thehill.com/business/5401362-inflation-june-rises-tariffs/

[Wingnut]

Economist are like a weatherman.  Wrong more than half the time.

[rustynail]

Harry Truman said,  "Give me a one-handed economist! All my economists say, 'on one hand ... on the other.'"

[DefiantMassRINO]

Egg prices are coming back down.  We need to keep driving down energy and feedstock prices, and win the battle against bird flu to keep them falling further.

[mystery-ak]

Hakeem Jeffries
@RepJeffries
·
15m
Inflation is up, consumer confidence is down and healthcare is being ripped away from millions of Americans.

Donald Trump and House Republicans have failed our country.

[Smokin Joe]

That's called a trend when anyone other than Trump is president.

Not just a 'trend'. If a Democrat is in office, and there is an anticipated 10% increase, but it only goes up 9.98%, the headlines will blare how the amount was a .02% decrease ('from expectations' in fine print).