US inflation picks up to 2.7% as tariffs start to seep into prices

(Image: WSJ)

Wed, 16 Jul 2025

By Konrad Putzier and Nick TimiraosInflation picked up in June, a potential sign that companies are starting to pass tariff costs on to consumers.Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, faster than May’s increase of 2.4%. That was in line with the expectations of economists surveyed by The Wall Street Journal.Core inflation, which excludes volatile food and energy prices, was 2.9%, also in line with forecasts.Prices of furniture, toys and clothes – items that tend to be sensitive to...

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