Inflation didn’t rise as a lot as anticipated final month — however a measurement of underlying worth hikes reveals a pickup in tariff-related pressures.
Consumer costs rose 0.2% in July, holding the annual inflation price at 2.7%, based on the most recent Consumer Price Index knowledge launched Tuesday by the Bureau of Labor Statistics.
CNN enterprise and politics correspondent Vanessa Yurkevich goes over the report and speaks with Omaha Beef CEO Nate Rempe on what this will imply for his or her costs. CNN’s Jessica Dean speaks with Axios senior markets reporter Madison Mills. #CNN #News
