Pro@reddthat.com to Economics@lemmy.world · 25 days agoInflation heats up in June as President Trump's tariffs start to bitetext.npr.orgexternal-linkmessage-square1linkfedilinkarrow-up17arrow-down10cross-posted to: economy@lemmy.world
arrow-up17arrow-down1external-linkInflation heats up in June as President Trump's tariffs start to bitetext.npr.orgPro@reddthat.com to Economics@lemmy.world · 25 days agomessage-square1linkfedilinkcross-posted to: economy@lemmy.world
minus-squarewhyrat@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-224 days agoReminder that the amount of data collected in the underlying data has decreased (not “officially” due to budget cuts, but … there have been budget cuts and staffing reductions): https://www.bls.gov/cpi/notices/2025/collection-reduction.htm Perpetual reminder to watch other related measures: PPI (to be released later this week) and CPE (to be released in a couple weeks). I expect all 3 to continue to increase if current political and market conditions don’t change.
Reminder that the amount of data collected in the underlying data has decreased (not “officially” due to budget cuts, but … there have been budget cuts and staffing reductions): https://www.bls.gov/cpi/notices/2025/collection-reduction.htm
Perpetual reminder to watch other related measures: PPI (to be released later this week) and CPE (to be released in a couple weeks). I expect all 3 to continue to increase if current political and market conditions don’t change.