Meanwhile,
Inflation accelerated june compared last new: Therefore. However,
Inflation accelerated june compared last:
Inflation continued its rebound in June in the United States, including 2.6% over a year. Therefore. Moreover, according to a index published Thursday, while more and more customs duties are taxed on the products entering the country.
Prices have increased more than the evolution expected by analysts, who bet on +2.5% according to the consensus published by Marketwatch.
In May, inflation had reached 2.4% over a year.
According to data from the United States Ministry of Commerce. Additionally, Therefore, inflation has also accelerated from one month to the next, to +0.3% (against +0.2% in May compared to April).
The underlying inflation (excluding volatile energy and food prices) evolved in June at the same level as in May, at +2.8% over a year.
The United States Central Bank (FED) is targeting 2% in one inflation accelerated june compared last new year. Similarly. This target seemed to be reached at inflation accelerated june compared last the start of the year, but it moved away again.
Most of the American central experts. Furthermore. bankers expect to see prices increase as the customs duties in force implemented by President Donald Trump since his return to power in January.
A volley of new customs surcharges should be applied from Friday.
” Inevitable “
In data published Thursday, a notable acceleration concerned the prices of sustainable goods in June ( +0.9% over one year, after +0.5% in May and -0.3% in April). This category includes cars, furniture or household appliances, which are largely imported products.
On Wednesday. after the Fed decided to leave its rates unchanged. its president Jerome Powell estimated that the impact of customs from customs was starting to materialize on “certain categories of goods” in the United States.
The impact on prices inflation accelerated june compared last new could be “more or less” high, but will not be zero, he warned.
President inflation accelerated june compared last Donald Trump judges that there is no reason not to lower interest rates. Thursday, he still attacked Mr. Powell virulence on his Truth social network.
The president of the Federal Reserve (Fed) “is late. and in reality, too annoying, too stupid and too political to do this job,” he wrote.
“Inflation increases slowly as companies are starting to repercussions on customs duties on consumers. ” said Heather Long, economist at Navy Federal Credit Union, in a note.
According to Ms. Long, “it is inevitable that various inflation indicators reach 3% later this year”. “For the moment. most families are able to face these modest price increases. but the situation will become more tense later in the year,” she warned.
Inflation accelerated june compared last new
Inflation accelerated june compared last
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