| Submit your comments on this article |
| Economy |
| June CPI Report - Inflation still tame |
| 2025-07-16 |
| [ADVISORPERSPECTIVES] Inflation heated up for a second straight month in June. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.7% year-over-year, up from 2.4% in May and higher than the expected 2.6% growth. On a monthly basis, prices rose 0.3%, as expected. Additionally, the core CPI was at 2.9% year-over-year, up from 2.8% in May but lower than the expected 3.0% growth. On a monthly basis, core prices rose 0.2% which was lower than the expected 0.3% monthly increase. Here is the introduction from the BLS summary, which leads with the seasonally adjusted monthly data: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in June, after rising 0.1 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.7 percent before seasonal adjustment. The index for shelter rose 0.2 percent in June and was the primary factor in the all items monthly increase. The energy index rose 0.9 percent in June as the gasoline index increased 1.0 percent over the month. The index for food increased 0.3 percent as the index for food at home rose 0.3 percent and the index for food away from home rose 0.4 percent in June. The index for all items less food and energy rose 0.2 percent in June, following a 0.1-percent increase in May. Indexes that increased over the month include household furnishings and operations, medical care, recreation, apparel, and personal care. The indexes for used cars and trucks, new vehicles, and airline fares were among the major indexes that decreased in June. The all items index rose 2.7 percent for the 12 months ending June, after rising 2.4 percent over the 12 months ending May. The all items less food and energy index rose 2.9 percent over the last 12 months. The energy index decreased 0.8 percent for the 12 months ending June. The food index increased 3.0 percent over the last year. Related: Consumer Price Index 06/11/2025 Inflaton eased again in May Consumer Price Index 05/14/2025 Inflation eases again per BLS report Consumer Price Index 04/10/2025 Favorable News on Inflation |
| Posted by:Lord Garth |
| #1 US producer prices unchanged with wholesale inflation remaining under control |
| Posted by: Frank G 2025-07-16 10:20 |