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US consumer prices rise slightly; tariffs seen boosting inflation
WASHINGTON (Reuters) -U.S. consumer prices increased less than expected in May as cheaper gasoline partially offset higher housing costs, but inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
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US Import Prices Fall In March 2025, Marking First Monthly Decline Since September 2024BLS stated that import fuel prices decreased 2.3% in March following increases of 1.6% in February and 2.7% in January. The decline marked the largest monthly drop since the index fell 7.2% in ...
WASHINGTON (Reuters) - U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication that inflation was subsiding before President ...
Chinese imports to the United States are shrinking amid the ongoing tariff war between the two countries. China exported ...
Grocery prices rose 0.3% from April to May, and are up 2.2% in the past year. Fruits and vegetables, breakfast cereals, and ...
China has reported its exports rose 4.8% in May from a year earlier, lower than expected as shipments to the United States ...
Consumer prices in the US rose less than anticipated in May, with limited evidence so far that President Donald Trump's ...
Federal Reserve Chair Jerome Powell warned on Thursday that "we may ... import prices. Trump's aggressive trade policies have rattled investors' confidence in the dollar, leading to a sharp ...
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