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  • U.S. Inflation Held Steady in July

    08/15/2025 3:27:58 PM PDT · by Angelino97 · 4 replies
    The American Conservative ^ | August 12, 2025 | Joseph Addington
    The annualized U.S. inflation rate for the month of July remained unchanged from last month at 2.7 percent, according to a Bureau of Labor Statistics report released Tuesday. Lower gasoline prices helped to hold costs for Americans down, while car parts, used cars, and dairy products saw significant price hikes. Core inflation, which strips out price fluctuations from the volatile food and energy categories, ticked up to 3.1 percent, an effect that some economists argue is due to businesses passing on price increases from President Donald Trump’s new tariffs. The inflation rate has been a major flashpoint between the Federal...