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Another tariff warning sign as wholesale inflation surges unexpectedly in July
The producer price index — which measures inflation before it hits consumers — was up 0.9% last month from June and 3.3% from a year earlier, much higher than expected.
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theguardian.com
US prices continued rise in July as Trump tariffs impact consumer costs
Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in June
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cnbc.com
Consumer prices rise 2.7% annually in July, less than expected amid tariff worries
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
