CPI Inflation Data is Muted as Tariff Impact is Limited
Posted on: Jun 11, 2025 18:08 IST | Posted by: Nytimes
Supported by
The Consumer terms Index rose 2.4 percent in May, from a year ago, a reading that reflects only the initial impact of President Trump’s tariffs.
Businesses across the United States have for months warned that they would raise prices on their customers in response to President Trump’s tariffs.
The latest data show that it is only happening in a limited way so far, helping to keep a lid on inflation.
The Consumer Price Index, released on Wednesday, rose 2.4 percent in May from a year earlier, just above April’s 2.3 percent annual increase.
“Core” inflation steadied at 2.8 percent. That measure, which strips out volatile food and energy products, is closely monitored by policymakers as a gauge for underlying price pressures.
On a monthly basis, the overall measure rose 0.1 percent, while the core index rose 0.1 percent. Both were below economists’ expectations.
The latest data, released by the Bureau of Labor Statistics, reflects only the early impact of Mr. Trump’s tariffs — the scope and scale of which have changed repeatedly since the president launched his global trade war. Tariffs are a tax on imports, and economists expect the effect on prices to become more pronounced over the summer as more businesses pass along higher costs to consumers, as many have said they will do.
Global News Perspectives
In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.
Customizable News Feed
At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.
Like or Comment on News
Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.
Download the Android App
For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.
Diverse News Categories
With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.
No comments yet.