Pantheon Macroeconomics
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15th Jul 2025 18:45USDaily Monitor
The June rise in core goods prices, ex-autos, was the biggest in three years; import-sensitive prices leapt...
...But only a quarter of the tariff costs has come through so far; expect even bigger price rises in July.
CPI services inflation will continue to cool, but it will offset only about half the pick-up in goods inflation.
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