US inflation rises as tariffs drive up prices

Published: 7/15/2025
US inflation rises as tariffs drive up prices
US inflation rises as tariffs drive up prices, with consumer prices increasing by 2.7% in the year to June, up from 2.4% the previous month, the Labor Department reports. Tariffs are impacting items like clothing, coffee, and citrus fruits, with prices for these goods seeing significant increases. Higher energy and housing costs are also contributing to the rise in inflation, highlighting the broader economic impact of trade policies on consumer prices in the US.