US CPI Outlook: Housing and energy prices are expected to be the main factors driving the increase in US inflation in July.
Experts say that as the price pressure caused by tariffs becomes more apparent, overall inflation in the United States is expected to rise in July. Economists predict that the Consumer Price Index will increase by 2.8% year-on-year, with the core CPI rising slightly to 3.0%. Housing and energy prices continue to be the main driving factors, while the rise in prices for household goods, healthcare, and clothing offset the decreases in prices for cars and airline tickets.
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