August 12, 2025
July CPI shows inflation climbing as Trump tariffs hit prices
Coffee up 33%, beef up 11-13% as trade war taxes hit families
August 12, 2025
Coffee up 33%, beef up 11-13% as trade war taxes hit families
The July 2025 Consumer Price Index shows inflation at 2.7% annually with core inflation at 3.1%
Core inflation accelerated to the fastest pace in five months
Coffee prices are up 33% and ground beef is up approximately 11-13% since last year
Airline fares jumped 4% in July alone
Gas prices fell 10.3% due to domestic energy deregulation
Trump's tariffs average 17-21% and are starting to affect consumer costs across imported goods
Biden reduced inflation from a 9.1% peak in June 2022 to 2.7% before Trump took office in January 2025
What percentage did gasoline prices fall despite other tariff-driven increases?
Restaurant food prices (food away from home) increased by what percentage over the past year?
What was the unemployment rate when Biden left office in January 2025?
By what percentage are egg prices still elevated compared to last year despite a monthly decline?
Ground beef prices have increased by what percentage under Trump's tariff policies?
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