It is not an increase, but the rhythm of inflation went slightly up to May in the United States (+0.1%), with 2.4% for a year, according to an official index published Wednesday, while experts do not imagine that prices remain insensitive to customs tasks established by Donald Trump. In detail, the underlying inflation (which significantly excludes food and energy) is 2.8%stable.
If prices are not at the moment, they could rise more clearly in the coming months. According to the New York Times, companies “expect to increase the increase in their costs in the next three months.”
At the moment, “they still sell actions” formed before the entry into force of customs duties, “said Kathy Bostjancic, a national economist. When these actions decrease,” we will see more the impact of customs tasks on prices, “he added.
Towards an agreement with China
However, companies could be reassured, while US and Chinese negotiators announced on Wednesday night to have agreed to have a “general framework” to soften their commercial disputes, letting their respective presidents validate it.
The president of the United States, Donald Trump, welcomed the agreement in principle found at night in London between Washington and Beijing on Wednesday and who should, he said, allow the supply of rare earth to the United States, praising an “excellent” relationship between the two countries.
In spite of everything, Trump’s ads about customs prices will have seriously turned the cards. Before their choice, observers anticipated a decrease to an inflation rate of 2%, the objective of the Federal Reserve.
Source: BFM TV
