2.3% in April, 2.4% in May, 2.7% in June … Inflation does not explode in the United States (despite customs tasks), but went up months after month

Inflation continued its increase in June to the United States to 2.7% for a year, after a first increase a month before. Last month, the CPI price index increased 2.7% at an annual rate, compared to 2.4% in May, in line with the expectations of analysts, according to the consensus published by Marketwatch. In April, the increase in the annual rate was only 2.3%.

Therefore, in June, prices increased on average by 0.3%, mainly under the effect of energy prices.

Excluding food and energy, still volatile, the index increased by 0.2% for a month and 2.9% for a year, a slight increase in both cases compared to May.

June was marked by the conflict between Israel and Iran, which had resulted in a strong increase in oil prices, which since then have remained higher than before the twelve days of fire in missiles.

At the moment, customs duties decreed by Donald Trump do not seem to have a massive prices effect, even if increases in certain products sensitive to customs barriers, such as clothing (+ 0.4%) or furniture (+ 1%), as CNBC observes.

Fed prudence

However, many economists expect prices to increase more clearly in the coming months, especially because Donald Trump could impose customs taxes larger than those announced, especially in European imports.

These fears continue to weigh on US monetary policy. The Federal Reserve has not lightened its guiding rates since the beginning of the year. Its president, Jerome Powell, prefers “wait for more information On the probable evolution of the economy before considering any adjustment. “Markets expect rates to stay stable after the next Fed meeting scheduled for the end of July.

Jerome Powell faces the strong pressures and threats of Donald Trump, who demands a relaxation. The US president would like to give the economy a little air, while the growth of the United States tends to exhaust.

The OECD hopes that the speed “clearly” this year decreases. GDP should only increase there by 2025 by 1.6%, against a 2.2% prognosis in March. A level, however, higher than that of the euro zone (1%), as well as of France whose forecast was reviewed down by the institution 0.6%.