TaxTMI 
TaxTMI 
US inflation accelerated last month to highest level since February
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....S inflation accelerated last month to highest level since February<BR>PTI News<BR>Dated:- 15-7-2025<BR>PTI<BR>Washington, Jul 15 (AP) Inflation rose last month to its highest level in four months as t....
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....he cost of gas, food, and groceries rose, reversing several months of cooling price pressures. Consumer prices rose 2.7 per cent in June from a year earlier, the Labour Department said on Tuesday, u....
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....p from an annual increase of 2.4 per cent in May. On a monthly basis, prices climbed 0.3 per cent from May to June, after rising just 0.1 per cent the previous month. Worsening inflation poses a pol....
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....itical challenge for President Donald Trump, who promised during last year's presidential campaign to immediately lower costs. The sharp inflation spike of 2022-2023 was the worst in four decades and ....
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....soured most Americans on former president Joe Biden's handling of the economy. Higher inflation will also likely heighten the Federal Reserve's reluctance to cut its short-term interest rate, as Tru....
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....mp is loudly demanding. Excluding the volatile food and energy categories, core inflation increased 2.9 per cent in June from a year earlier, up from 2.8 per cent in May. On a monthly basis, it pick....
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....ed up 0.2 per cent from May to June. Economists closely watch core prices because they typically provide a better sense of where inflation is headed. (AP) PY<BR> News - Press release - PIB....