Inflation heats up in June as President Trump's tariffs start to bite

5 months ago 3

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Clothing prices jumped by 1% in June, contributing to a rise in inflation during the month. Imported clothing is one area where the effects of tariffs are beginning to be felt by shoppers.

Consumer prices were up 2.7% from a year ago — a larger annual increase than the month before.

(Image credit: Chip Somodevilla)

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