CPI rose 2.7 percent from a year ago in July, the same rate as in June, said the Department of Labor on Tuesday. Analysts are closely watching CPI numbers amid increasing fears over the reliability of economic data from the Trump administration, which fired the head of the Bureau of Labor Statistics recently after a jobs report showed significantly lower hiring numbers. Tuesday's headline CPI figure was a touch below the 2.8-percent rate expected in a median forecast of analysts surveyed by Dow Jones Newswires and The Wall Street Journal.
Published at: 2025-08-12 20:56:05
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