The Consumer Price Index rose slightly less than expected in July annually as tariffs showed only a slight influence on prices. Tariffs didn't give much boost.

July's consumer price index this week is expected to rise. A Reuters poll of economists forecasts the annual rate at 2.8%, up from June's 2.7%.

CPI was projected to increase 0.2% in July and 2.8% for a year ago on headline, and 0.3% and 3% on core