Inflation picks up again in June, rising at 2.7% annual rate
1. Consumer prices rose 0.3% in June, aligning with consensus estimates. 2. 12-month inflation rate reached 2.7%, still within target ranges. 3. Core inflation showed a 0.2% increase, annual rate at 2.9%. 4. Mixed evidence on tariffs’ impact with vehicle prices declining. 5. Apparel prices rose by 0.4%, showing tariff sensitivity.