Inflation Pressures Mount in U.S. as China Faces Domestic Demand Struggles
Summary by confiance.com.ng
3 Articles
3 Articles
US inflation rises to 2.7 percent. Tariffs drive prices, markets fluctuate. Threats and confusion from Washington unsettle investors and drive bond yields upwards.
·Berlin, Germany
Read Full ArticleInflation pressures mount in U.S. as China faces domestic demand struggles
By Chioma Obinagwam Consumer prices in the US climbed for the second month in a row, reaching 2.7% year-on-year in June, up 30 basis points from May’s 2.4% year-on-year, according to the US Bureau of Labour Statistics (BLS). Food inflation edged up to 3.0% year-on-year (May: +2.9% y/y), driven by a slight increase in food […]
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