Tariffs, Inflation, and Plastics: Untangling the Price Effects
Published Online: July 25, 2025
Written by: Perc Pineda
"Headline inflation rose 2.7% in June, while core inflation was up 2.9%. Both measures were slightly higher than their year-over-year rates in May—2.4% for headline and 2.8% for core inflation. The latest data from the Bureau of Labor Statistics indicates that inflation remains moderate, though upward pressure persists in three key categories.
Energy services rose 7.5%, driven by a 5.8% increase in electricity and a 14.2% rise in utility (piped) gas service. Food prices were up 3.0% from a year ago, with food at home prices rising 2.4% and food-away-from-home prices increasing 3.8%. Shelter costs also rose 3.8% year-over-year in June. ..."
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