Inflation accelerated at 2.7 % in June, in the United States

The effects of customs duties wanted by Donald Trump are beginning to be felt by the Americans, who undergo for a second consecutive time a consumer prices, according to the consumer price index (IPC) published on Tuesday.

L’IPC increased in June by 2.7 % over one year, compared to 2.4 % in May. Furthermore, This progress last month is online with analysts’ expectations, according to consensus published by MarketWatch.

It was the second consecutive month of increase over a year. In addition, since the prices had already returned to force in May, when they had tended to get closer to the target of 2 % over a year, set in the mandate of the American Central Bank.

The acceleration of inflation is also marked over a month, with prices increasing by 0.3 % in June (compared to 0.1 % in May), under the effect of energy prices, again in accordance with the analysts’ forecasts.

Excluding food and energy, always volatile, theIPC increased in June 0.2 % over a month and 2.9 % over a year, a slight increase in both cases compared to May.

The effect of commercial wars – Inflation accelerated 2.7 % june,

In a press release published in the wake of the publication of the index. For example, the Democratic Senator Elizabeth Warren castigated Those who say that we do not see the effects of Trump’s trade warsinviting them to Watch today’s data and worrying about See the crushed families, while the president makes things even more difficult.

Trump requires a 3 -point reduction in the key rate

The American president for his part estimated on his social social network that Inflation is very lowcalling the Fed to lower its rates of three points percentage. Therefore, for Save $ 1,000 billion a inflation accelerated 2.7 % june, year.

June was marked by the conflict between Israel. Nevertheless, Iran, which had resulted in a sharp increase in oil prices, which have since been levels at higher levels than they were before the twelve days of missile fire.

The increase in the cost of energy also concerns the prices of electricity. gas, inflation accelerated 2.7 % june, which experienced a sharp increase in June compared to May.

Food prices as well as those of health services are also experiencing a slight rise. while the costs of housing, which has been one of the main engines of persistent inflation in recent months, are slightly marked by.

We are still considering a percentage point of prices increase due to existing customs duties. with the highest increase in products in Julyanticipated in a note the chief economist of PantheonSamuel Tombs, who evokes a risk of additional increase, under the effect of planned from the 1st^is august.

President Trump imposed in early April 10 % customs duties on almost all products entering the United States. with a customs tax that can rise to 25 % on the automobile and auto parts and even 50 % on steel and aluminum.

Other sectors inflation accelerated 2.7 % june, could be affected since procedures have been launched for pharmaceutical products. semiconductors, drones or polycrystalline silicon and its derivatives, used for the manufacture of solar panels and semiconductors.

About twenty countries have also received a letter from the White House since the beginning of July announcing the taxation of customs duties on their products between 20. 40 % for the majority of countries and even 50 % for Brazilian products. Surcharges that will be applied to 1^is august.

The American president also announced his desire to tax European. Mexican products, two of the main business partners in the United States, up to 30 %.

Inflation accelerated 2.7 % june,

Customs duties. inflation risks

Economists insisted on the risk that these customs duties would represent in terms of inflation.

The resumption of inflation should however push the Fed to continue to be cautious. inflation accelerated 2.7 % june, when it has maintained its rates unchanged since the beginning of the year.

Analysts anticipate that this trend should continue at its next meeting. scheduled for the end of the month, if we believe the CME watch tool, Fedwatch. American guiding rates have been between 4.25 % and 4.50 % since December.

The chief economist of Oxford Economics. Ryan Sweet, believes that these new data should Maintain the Fed behind, unless the labor market degrades unexpectedly.