US Inflation Trends: Consumer Prices Rise Amid Stable Wholesale Inflation

Despite a rise in consumer prices influenced by tariffs, US wholesale inflation remained stable in June, indicating mixed economic signals ahead.

L 32%
C 32%
R 35%

Overview

A summary of the key points of this story verified across multiple sources.

1.

Economists projected a 0.3% rise in consumer prices from May to June, the largest increase since January, influenced by Trump's tariffs.

2.

Core inflation, excluding food and energy, rose to 2.9% in June, reflecting tariff impacts, while core producer prices remained unchanged.

3.

US producer prices remained unchanged in June, with wholesale inflation under control, indicating stability despite consumer price increases.

4.

June wholesale prices increased by 2.3% year-over-year, marking the smallest gain since September, suggesting a cooling trend in wholesale inflation.

5.

The Federal Reserve is expected to maintain interest rates amid these mixed signals, complicating Trump's calls for rate cuts ahead of midterm elections.

Written using shared reports from
34 sources
.
Report issue

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

Center-leaning sources frame the June CPI increase as a direct consequence of President Trump's tariffs, using loaded language like "tariff shock" and "unwelcome rise." They emphasize economists' predictions that tariffs would "reignite inflation," presenting the data as a fulfillment of these concerns and prioritizing the narrative of tariffs driving consumer prices higher.

Sources (34)

Compare how different news outlets are covering this story.

FAQ

Dig deeper on this story with frequently asked questions.

No FAQs available for this story.

History

See how this story has evolved over time.

This story does not have any previous versions.