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U.S. Consumer Prices Rise 0.3% Amid Energy Surge

7/16/2025

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Summary

Story summary

U.S. consumer prices increased by 0.3% in June, consistent with economist predictions.
Annual CPI growth rose to 2.7%, slightly exceeding the expected 2.6%.
Core CPI, excluding food and energy, grew by 0.2%, falling short of the 0.3% forecast.
Energy prices jumped 0.9%, driven by a 1.0% rise in gasoline costs.
Used car prices declined for the fourth month, while household furnishings experienced notable price hikes.

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Story summary

U.S. consumer prices increased by 0.3% in June, consistent with economist predictions.
Annual CPI growth rose to 2.7%, slightly exceeding the expected 2.6%.
Core CPI, excluding food and energy, grew by 0.2%, falling short of the 0.3% forecast.
Energy prices jumped 0.9%, driven by a 1.0% rise in gasoline costs.
Used car prices declined for the fourth month, while household furnishings experienced notable price hikes.