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A promotional price label for apples at a Smart&Final store in San Diego on March 24, 2025. Jane Yang/The Epoch Times
The closely watched Consumer Price Index rose less than expected in July, and President Donald Trump’s tariffs had little impact on the overall data, says a top U.S. economist.
According to the Bureau of Labor Statistics, the headline annual inflation rate held steady at 2.7 percent and rose at a seasonally adjusted pace of 0.2 percent for the month.
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