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US inflation rises as tariffs drive up prices

Source: BBC

Natalie ShermanBusiness reporter, BBC NewsGetty ImagesUS inflation jumped last month as President Donald Trump's tariffs took hold, pushing up prices for items from clothing to coffee. Consumer prices rose 2.7% in the year to June, up from 2.4% the previous month, with prices rising at the fastest pace since February, the Labor Department said. Higher energy and housing costs, such as rents, were the major…

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US inflation rises as tariffs drive up prices | Break'n News