The US inflation rate is expected to accelerate after companies pass on higher costs associated with tariffs to consumers. According to a Bloomberg survey, prices rose 0.3% in June, the largest increase in five months. This marks a significant shift from May’s 0.1% rise, suggesting that tariff costs are starting to have a noticeable impact on consumer prices.
Source: https://www.bloomberg.com/news/articles/2025-07-12/global-economy-us-inflation-to-pick-up-on-more-tariff-pass-through