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US consumer prices rise slightly; tariffs seen boosting inflation
WASHINGTON (Reuters) -U.S. consumer prices increased less than expected in May as cheaper gasoline partially offset higher housing costs, but inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs.
Consumer prices in the US rose less than anticipated in May, with limited evidence so far that President Donald Trump's ...
Grocery prices rose 0.3% from April to May, and are up 2.2% in the past year. Fruits and vegetables, breakfast cereals, and ...
Chinese imports to the United States are shrinking amid the ongoing tariff war between the two countries. China exported ...
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Food commodity prices declined in May, led by maize and palm oil – FAOWorld food commodity prices, as measured by a FAO index, fell month-on-month in May, driven by declines in maize and palm oil ...
Federal Reserve Chair Jerome Powell warned on Thursday that "we may ... import prices. Trump's aggressive trade policies have rattled investors' confidence in the dollar, leading to a sharp ...
The latest figures suggest tariffs haven’t impacted prices yet, but economists say that could change in coming months.
China has reported its exports rose 4.8% in May from a year earlier, lower than expected as shipments to the United States ...
In May, the UN's FAO reported a decrease in global food commodity prices. This decline was primarily due to significant price ...
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