{"id":43263,"date":"2025-08-12T12:39:46","date_gmt":"2025-08-12T12:39:46","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/cpi-rose-in-june-by-2-7-on-an-annual-basis-heres-what-that-means\/"},"modified":"2025-08-12T12:39:46","modified_gmt":"2025-08-12T12:39:46","slug":"cpi-rose-in-june-by-2-7-on-an-annual-basis-heres-what-that-means","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/cpi-rose-in-june-by-2-7-on-an-annual-basis-heres-what-that-means\/","title":{"rendered":"CPI rose in June by 2.7% on an annual basis. Here&#8217;s what that means."},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n<figure class=\"embed embed--type-video embed--type-content_video is-video embed--float-none embed--size-medium is-hero is-delayed-player show-overlay\" data-ads=\"{\" extrawordcount=\"\">\n<div class=\"embed__content-wrapper\">\n<p><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" style=\"position:absolute;width:0;height:0\">\n  <defs>\n    <symbol id=\"player-icon-pause\" viewbox=\"0 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data-target=\"\" aria-label=\"Disable small player\"><br \/>\n          <svg class=\"player-overlay__button--icon player-overlay__button--icon-close\">\n            <use xlink:href=\"#player-icon-close\"\/>\n          <\/svg><br \/>\n        <\/button><\/p>\n<div class=\"temp__wrapper\">\n<p>          <img decoding=\"async\" src=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/2025\/08\/07\/d7700147-68e9-413b-a62f-c12cf80b7c23\/cbsn-fusion-upsides-risks-buy-now-pay-later-services-thumbnail.jpg\" srcset=\"https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/2025\/08\/07\/d7700147-68e9-413b-a62f-c12cf80b7c23\/cbsn-fusion-upsides-risks-buy-now-pay-later-services-thumbnail.jpg?width=360 360w,&#10;              https:\/\/assets1.cbsnewsstatic.com\/hub\/i\/2025\/08\/07\/d7700147-68e9-413b-a62f-c12cf80b7c23\/cbsn-fusion-upsides-risks-buy-now-pay-later-services-thumbnail.jpg?width=480 480w,&#10;              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data-hero-src=\"https:\/\/www.cbsnews.com\/embed\/video\/?optanonConsent=0&amp;v=f69705a5ae377a267ed06b2d0b2b4cda1755002176&amp;usprivacy=null#tVgJb9s4Fv4rgoB6gU1o67RkD4xdJ0462XaSIElnsIgLgxIpm42uJSU7bur%2Fvu9R8pUOZjrdbQ%2BLeiQf3%2FHxHXoxaV0VZUrX5rCSNT81hTov0pSWSkQpN4cJTRVQGV%2BKGF5hoJ5gg3lqLgXjhTl8MUXFM2UOH1%2FMal3immXBYF4wGHJ34Nux5RObRwnxotAnIbMc4vgu96zE5t4ggLVZ%2BXzHkyvccX7773e%2FvftXEbJBfHMVVz%2F%2FlvNP753sP3efz67eVxasLqSYi%2FyCiUoUOWypFRBVWs9xDIKDjEQK9aRIVK9JXqxISdckpRWXRHGJmuCOSlSoofmw4Ea7zaA5M%2FRWo0iMqQn7Ddh%2FagADQzOYmiZa4wn2wSCp0%2FQ72RgHksQ0L3IR0%2FThf%2BdViYyrimalObQD3%2BtbbmDhH5C6lrSxmOP7%2B9f3NOIpnGl5Q9sHBmnznoNq4MSMzoEteFmhcxZVVarhtDftUaV4pexuHKmcrxScWIm4GxfZtLeoo2lPTHty2nMsx5%2F2rBD%2BB9MeC0AU2wtIP%2BQD4tluRGjfSUhsO3ESWlEQO%2B60Vy3qLMqpSKe9vmc9u31r2nOTgTuwBr7jcJZElDHqRgPL8gY89K1%2BxKY9lIMktQKFyLdigOyO6n4q56D64vd0dH%2BsjrYTWs%2BBA0pGiee4dBAw5sc8cH3O48ixHcaAHrK%2B%2F39RcnNqlhIuM199kOmRtqUsWBeurr7XW50bbduXaW8J%2Bi5SGMC1DvyBO9MvGVVwYjdz63AfF34UZ%2BeHsE4KmdEKWNOyTOEm4sWY9p5JVvL5h7v3sKJ%2BZa7VanV8nhZh2vtWv0x7GCPVVVYWKMgu0kJwFbEOqwhGALvLfRoQQIFFvIFvkQF1YhJyGiZuEHI%2BsPbBr1pwUtEnXtQVnDPPeF5hSFgILqmMFxDjH3GN0a7BaLF%2FM3Y7PgJGqIThA8pyTbNtSHrY7duxPFs384%2BvFhy8GfcHjGmatlKQIym%2BlvsjQJWXQhUM2NugI6dKh3sbFW5WNRN1CZBWamdCOGMcg4nVWVrET7tQpj6A7e%2FrSMVSRJztlquyyFUht%2BsW%2FHk84QmtU8SDdQp%2FTU0921Pdwannn%2FoDmKAMnZWsmt9ZKvKnI5wEiRUE3WU3WWUy6%2Ba8grgC8WoON%2F8fMUBl9AIxFjbieNOhKl%2BNfMdybbsTU5zF300nSel89MY5o1kcwYNnsYQHqySDh0qrUj%2F0HKALHxgmkbjOY3jktd5AeSU6Ga%2FkyLYct7M%2FC%2B5R0o7fuOO3RTFP%2BWR8dX4%2FvppdF7%2Fejq8mnXIp89Hj3fh6cvPLxw5YvBwtM1raeCZcJq%2BjDoRfloeLl5BsRpB1fpqBpgoKhlkJeWX0ArdthuohORcc3JHPGtro1jq3zt1gPCGOde4R7%2BIyIONLxydnF2fnZ3Z%2Fchn6F53lvEYj6cemoz6PXrCW4RIO%2Bcw3nQXcrZH2BWj1xrmEf6%2FubafEogW24aMR5ImvZ6tCMjV60Zdx02mqn9FL89x04IwKI8ZoxSO9RagZkMCV%2BtmwqdWslGJJ4zVwbwabzrwsRy%2FwM1OVFPlcE2YaBe0AKGIJlnt7c%2FP2%2FcXs6vr%2B4e5i%2FMvs16vJxc3s%2Bub6%2FOJj5yXJgDmVNFObn0x9W2mmszSiCOB3iCnEKDjGHDaewWqjWaORhbEPsAXvJ4itE0TWCeLqBFF1gpg6QUSdIJ5OEE0niKUTRBIWboAluIQAplPz8AzEE%2FBsXoe%2FiyeUGxAFq7YwAQqiCitIxNWJRhVe9iPxEVnHmxBdbVFzhC9UskWY2UwdYwzmvwlleAQCDPk1SEOhPuPrIdowSgDe%2FihLoM5tkdwirhVshzmcaVBnHlTdW%2BTh%2FhZ7QAX0tdsb3GnHNwhs6XsM6hNbFMIkoA0pB0hsiLMWP1s0IhXwiPb%2BI0TqsmIv2LZJ2AC5kjR%2BggM0OotMxYXkegyJ3LUs3wr7AEkPK%2F%2Bz%2B%2Bu9neI%2BkP6OIRlecgVizrRH0ZQNhZYzipJdT3vj3ZoYrbCMbXtH0R455I1SzZvWJS7qHNTHCvcRklOUgqypwB148AaTxiUMLrZpqM0Yuiq%2BWXIpBVKbvBHTEqsG9VdLyO2%2Bae%2FPWp8uZdHsOUODZPXzrSxKLqv1O47OdbyAM%2Br3XTtgtu8NvIHtuC51%2B%2Bbmo76mVBfx4I2Kz9c4BtqiYE3Jw3OmzdLWEQmnVS05IzH2CBy7uRa1IDlkS8y8%2B%2F4JA0wpYLCrgZ4XUHLF0EbyuCmkdtumvde8oQ56hRKhLnIKzSdrcz2VYLOUj2uQV2KP%2BAi2DvthDAW2zSgjXuj1yYDZHgGlGaXMdWjf0tXG4dZtoZJRuTbiOs%2FhvAXNDtbpBpQHDhRWXkL6QWgTL6aURCFPCAuckDr90HM8tpfqto4moAZ6APoAYoXEdgzbGbr9oeW9Fh6x8er0U5rn3ACi4AbrGinn%2B033PC5yBut3ux%2F3smL7q2kvJgsoZ07fJ9SH0tAL%2BtBz%2BGAcd2BbtO8N4ggvm%2Fn1SZsdt23jGZfCkIXihsiNTzWsj9aG0w3eGEUOjSj8y2uaGhFVQnWNBZf8b8pYLWhlVPiTcZqr7l6Bhy1o8gp8P2upu8DWTu8%2FKQg14Us0pc5p8%2B0CvDkz%2FMqAYReerzt%2FIP0ssIQG3wLK1itaxQt0K87cNxhEy%2B%2FnmqmWPeYcuH9iyY0mour4q7HghSz0wzgmgR8yYtvcQZw5BFq8MOEhtazI2m5o6%2BSjU1KRCQw%2FXnvijf5ysRV86%2BailjrKQ5Aw2vAWSWj7b9uIqkVpI0iT3fYm2306uKXVQt%2FBpukBRxLJy0JW5FOdrolGp8gh16M1SCXrrISaW4okaVqRHaPXfeFXjc53HgBVue4n1Cs%2FnTbGaJciCrZM0A4QKmhNigS6p6iA7gkDqKqQC%2Fp3e0H2jOvfmbhieioJLMZDaMgjB66zdiZ1oauynIFth54dQnPY9D5z3jrzu5Wd3e6ZtMYbfjezLVYn23LgGLFfvnzZ4wHX3kqBUeauyeVwvNimH5jE5EHlE5Rv%2Bfw8LWp2I%2BcaYLY1cW0HqijHv7z0g4E19gbWxJv8c8yKCJCLH0heJ3CzzeBmm8KPS51vT%2BGQIuhxwj7khI2gjnYYLL4h1hlD4yDWNSEVVT%2F2R0s814n9gFhxmoo6QxV5jtEIvzGYTUkr0oO12pobTK5M0NtC6aDUxpSUU9YGsR91n3Su%2FVPmf%2F2rxGbzXw%3D%3D\" class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"upsides-risks-buy-now-pay-later-services--hero\" title=\"Video: The upsides and risks of \" buy=\"\" now=\"\" pay=\"\" later=\"\" services=\"\" data-sort-time=\"1754609384000\" data-update-time=\"1754609384000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/upsides-risks-buy-now-pay-later-services\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">The upsides and risks of &#8220;buy now, pay later&#8221; services<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">04:15<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>The Consumer Price Index in July rose 2.7% on an annual basis, slightly cooler than economists had forecast.<\/p>\n<h2>By the numbers<\/h2>\n<p>The CPI was expected\u00a0to rise 2.8% last month, according to economists polled by financial data firm FactSet.\u00a0<\/p>\n<p>The CPI, a basket of goods and services typically bought by consumers, tracks the change in prices on everyday items such as food and apparel over time. So far this year, inflation has stayed at 3% or lower. <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/cpi-report-june-2025-inflation-trump-tariffs\/\" data-invalid-url-rewritten-http=\"\">June&#8217;s CPI reading<\/a><\/span> was 2.7%.<\/p>\n<pre>\n<figure id=\"datawrapper_YK0KE\" class=\"embed embed--type-datawrapper embed--float-none embed--size-large  responsive-embed\" data-ads=\"{\" wordcount=\"\">\n  \n<\/figure>\n <\/pre>\n<h2>What the experts say about the impact of tariffs<\/h2>\n<p>Economists have been watching closely to determine how tariffs might trickle through to the CPI data. For the first several months of the year, the impact appeared to be limited, but <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/cpi-report-june-2025-inflation-trump-tariffs\/\" data-invalid-url-rewritten-http=\"\">June&#8217;s reading<\/a><\/span> indicated that the levies might be starting to drive up prices in certain categories such as apparel, home furnishings and appliances.<\/p>\n<p>Goods from more than 60 countries and the European Union are now subject to a <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/higher-u-s-tariffs-officially-in-effect-on-dozens-of-nations\/\" data-invalid-url-rewritten-http=\"\">new round of reciprocal tariffs<\/a><\/span> that went into effect on Aug. 7.<\/p>\n<p>During a call with media yesterday, Alan Detmeister, an economist at UBS, said the investment bank expects consumers will start to see the direct effects of the tariffs this year or into early next year.\u00a0<\/p>\n<p>&#8220;It&#8217;s possible that these tariff-induced price increases are a one-time price level shock that will start coming down early next year,&#8221; said Detmeister. &#8220;We think they&#8217;re going to be much more lasting.&#8221;<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/mary-cunningham\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Mary  Cunningham<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at &#8220;60 Minutes,&#8221; CBSNews.com and CBS News 24\/7 as part of the CBS News Associate Program.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/cpi-report-july-2025-inflation-trump-tariffs\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The upsides and risks of &#8220;buy now, pay later&#8221; The upsides and risks of &#8220;buy now, pay later&#8221; services 04:15<\/p>\n","protected":false},"author":1,"featured_media":43264,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[8004,957,799],"class_list":["post-43263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us","tag-bureau-of-labor-statistics","tag-inflation","tag-tariffs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CPI rose in June by 2.7% on an annual basis. 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