The core CPI in the U.S. for June may hit a new high since May as the impact of tariffs begins to show.

[Coin World] Some analysts have indicated that after experiencing several months of low inflation, the price increase faced by American consumers in June may have slightly accelerated, as businesses begin to pass on the rising costs of imported goods related to tariffs to consumers. A survey of economists by institutions shows that prices for goods and services, excluding the more volatile food and energy costs, rose by 0.3% in June, marking the largest increase in five months. In May, the core CPI only increased by 0.1%. Although next Tuesday's report may only show a slight pass-through of the costs of U.S. import tariffs to consumers, many economists expect inflation to gradually rise as the year progresses. Meanwhile, many merchants are hesitant to raise prices, as American consumers are becoming more cautious about spending after a cooling job market. This presents a delicate balance.