Core Inflation pushing near 3%

[Marener]

Just more excuses and spin. What are you excuses for Oct - Nov 2024? Inflation rose .15% during that period.

Similar reasons. Food prices were up because of eggs. Cars were more expensive. Airfare was in high demand and rising prices. Not sure what you think Biden did to cause it, if you're at all interested in trying to blame him. As you said, the numbers move around a bit.

This is a false narrative pushed by the left that ignore the positives. The US has collected more tariffs than have been passed on to consumers, thus why inflation has not risen dramatically.

That may be true so far, although I haven't seen much data on it that proves it's true. The problem is that businesses won't be able to eat the costs increases forever. Even if businesses do eat the tariffs, that's money that comes directly out of earnings. Those are earnings that aren't going to be reinvested or distributed to shareholders, yet again taking money out of the economy.

You didn't answer my question. Why would other countries threaten to increase tariffs on US imports if it hurt their economy?

It's a pretty simplistic question. Consider that the US is fighting a trade war with the world and the world is fighting a trade war with the US. A battle with one country is less damaging than a battle with every country.

 

[Hollie]

Similar reasons. Food prices were up because of eggs. Cars were more expensive. Airfare was in high demand and rising prices. Not sure what you think Biden did to cause it, if you're at all interested in trying to blame him. As you said, the numbers move around a bit.

That may be true so far, although I haven't seen much data on it that proves it's true. The problem is that businesses won't be able to eat the costs increases forever. Even if businesses do eat the tariffs, that's money that comes directly out of earnings. Those are earnings that aren't going to be reinvested or distributed to shareholders, yet again taking money out of the economy.

It's a pretty simplistic question. Consider that the US is fighting a trade war with the world and the world is fighting a trade war with the US. A battle with one country is less damaging than a battle with every country.

What is this trade war you are fantasizing about?

Honestly, I had forgotten about The Eggs™, The Eggs™ were a part of every leftist scream- fest some months ago.

Whatever happened to The Eggs™?

 

[citygator]

Why on earth would we exclude energy and food prices?

Now suddenly we need to exclude those because they are way down, and you need to do some mental gymnastics to make the Trump economy look bad.

Y’all are so pathetic.

It’s called core inflation. There is a reason for it. If you are unfamiliar with the concept look up “core inflation”.

 

[citygator]

After Biden-Harris oversaw one of the all-time spikes in inflation rates, they and their supporters were celebrating when it got back down to 3%. Now, evidently, it’s a problem.

They are on their way up as predicted by economists. Maybe it’s a one month anomaly. It’s possible. We will see. Down is better than up though.

 

[theHawk]

They are on their way up as predicted by economists. Maybe it’s a one month anomaly. It’s possible. We will see. Down is better than up though.

“Economists” are the dumbest of all professions. They are wrong so often their “predictions” are a running joke.

 

[Doc7505]

Looks like inflation is pushing into 3% territory. Core inflation was 2.9%.

https://www.nytimes.com/2025/07/15/business/cpi-report-inflation-june.html

The Consumer Price Index rose 2.7 percent from a year ago, the swiftest pace since February, data released by the Bureau of Labor Statistics showed on Tuesday. That is slightly higher than expected and is up from an annual pace of 2.4 percent in May.

“Core” inflation, which strips out volatile food and energy prices and is seen as a reliable gauge for underlying price pressures, also shifted higher. Those prices were up 2.9 percent from the same time last year.

~~~~~~
I can't believe that you'd use the NY Slimes to push your propaganda without doing a little search...
Additionally, "Under President Trump, America is back — but inflation is not.
President Trump is making good on his promise to deliver lower costs for Americans, with prices for everyday goods seeing across-the-board declines.

• Prescription drug prices saw the largest monthly decline on record.
• Prices for airfare, used vehicles, and car insurance all decreased.
• Energy prices fell 2.4% in March, driven by plummeting gas prices across the country.

As President Trump pursues the largest tax cuts in history, an unprecedented deregulatory agenda, and a manufacturing boom, the American economy is poised to prosper like never before."

Read more:

Current U.S. Inflation Rates: 2000-2026

The annual inflation rate in the United States was 2.4% for the 12 months ending January, down from 2.7% previously, according to U.S. Labor Department data released February 13, 2026. The next update is scheduled for March 11 at 8:30 a.m. ET and will cover the 12 months ending February. Below...

www.usinflationcalculator.com

 

[citygator]

~~~~~~
I can't believe that you'd use the NY Slimes to push your propaganda without doing a little search...
Additionally, "Under President Trump, America is back — but inflation is not.
President Trump is making good on his promise to deliver lower costs for Americans, with prices for everyday goods seeing across-the-board declines.

• Prescription drug prices saw the largest monthly decline on record.
• Prices for airfare, used vehicles, and car insurance all decreased.
• Energy prices fell 2.4% in March, driven by plummeting gas prices across the country.

As President Trump pursues the largest tax cuts in history, an unprecedented deregulatory agenda, and a manufacturing boom, the American economy is poised to prosper like never before."

Read more:

Current U.S. Inflation Rates: 2000-2026

The annual inflation rate in the United States was 2.4% for the 12 months ending January, down from 2.7% previously, according to U.S. Labor Department data released February 13, 2026. The next update is scheduled for March 11 at 8:30 a.m. ET and will cover the 12 months ending February. Below...

www.usinflationcalculator.com

I mean. That's why we have an index. So you dont look at one or two things and think its all good or bad. The Index of everything went up. A few things down, more went up.

 

[debbiedowner]

Well…. As long as you say so…

MSN

www.msn.com

Grocery prices rose 0.3% over the month and were 2.4% higher year over year. The meats, poultry, fish and eggs index jumped 5.6% over the last 12 months. However, while eggs are still almost 30% higher than they were a year ago, they're down 7.4% from last month.

 

[Hollie]

MSN

www.msn.com

Grocery prices rose 0.3% over the month and were 2.4% higher year over year. The meats, poultry, fish and eggs index jumped 5.6% over the last 12 months. However, while eggs are still almost 30% higher than they were a year ago, they're down 7.4% from last month.

U.S. wholesale prices fall despite trade uncertainty

U.S. wholesale prices dropped in April for the first time in over a year, defying expectations amid volatile trade policy shifts.

finance-commerce.com

WASHINGTON — U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump‘s sweeping taxes on imports.

The producer price index — which tracks inflation before it hits consumers — fell 0.5% last month from March, the first drop since October 2023 and the biggest in five years. Compared to a year earlier, producer prices rose 2.4% last month, decelerating from a 3.4% year-over-year gain in March, the U.S. Labor Department reported Thursday.

 

[airplanemechanic]

Inflation was 2.89% in Dec. 2024. It was 2.67% last month.

All the talk of tariffs and the crazy inflation spike is a big dud. Some of us already knew that.

June of 2022: Inflation 9.1% under Biden
June of 2025: Inflation 2.9% under Trump

Guess which one liberals are having a shit fit over?

 

[SweetTea]

June of 2022: Inflation 9.1% under Biden
June of 2025: Inflation 2.9% under Trump

Guess which one liberals are having a shit fit over?

Right, but that was due to COVID and yet they don't give a pass to Trump for the same thing. Funny.

 

[airplanemechanic]

2.9%.

Not the 9% someone else suggested.

Wrong.

Inflation June 2022: 9.1%

 

[Marener]

Wrong.

Inflation June 2022: 9.1%

And Biden brought it down to 2.9% by the end of his term.

Problem solved. What's Trump trying to brag about now?

 

[SweetTea]

And Biden brought it down to 2.9% by the end of his term.

Problem solved. What's Trump trying to brag about now?

PPI numbers came in today. Inflation cooling at the producer level. How can that be with all the tariff talk?

 

[22lcidw]

And Biden brought it down to 2.9% by the end of his term.

Problem solved. What's Trump trying to brag about now?

Without all of the Commie legislation the first two years of Joe. we would not be speaking of this now.

 

[Marener]

PPI numbers came in today. Inflation cooling at the producer level. How can that be with all the tariff talk?

If I were a lazy hack like you, I'd just say the numbers are fake because the BLS doesn't want to embarass Trump.

After all, that's what you did when data was beneficial for the Biden administration.

 

[SweetTea]

If I were a lazy hack like you, I'd just say the numbers are fake because the BLS doesn't want to embarass Trump.

After all, that's what you did when data was beneficial for the Biden administration.

Well, they did revise May numbers up, so it is possible that June will be advised up as well. With Biden, numbers seemed to frequently be revised in his administration's favor. Not sure why that is.

At any rate, since you aren't a "lazy hack", you admit that PPI is cooling.

 

[Marener]

Well, they did revise May numbers up, so it is possible that June will be advised up as well. With Biden, numbers seemed to frequently be revised in his administration's favor. Not sure why that is.

At any rate, since you aren't a "lazy hack", you admit that PPI is cooling.

They revise numbers every month. You made it into a partisan conspiracy.

It's too soon to tell what effect tariffs are having, especially as Trump keeps changing them and chickening out. The markets aren't making any major moves because no one really expects Trump to do what he says he's going to do.

That doesn't change the fact that tariffs are going to be inflationary. There's almost no way around that.

You still never explained your weird assertion that tariffs bring money into the economy when they very clearly take money out of the economy as basically all taxes do.

 

[SweetTea]

You still never explained your weird assertion that tariffs bring money into the economy when they very clearly take money out of the economy as basically all taxes do.

Tariffs bring money into the government coffers. I thought Democrats liked that idea?

What you don't seem to understand is that the US is in a better position to withstand any increase in prices than most other countries. This is why most won't retaliate, but rather negotiate. If tariffs hurt our economy, they hurt other countries economies too. We have the upper hand in these negotiations. I know you have been taught that the US is inferior in every way, but that is simply untrue in the real world. It is well past time that we used our position of strength to our advantage rather than allowing other countries to take advantage.

 

[Marener]

Tariffs bring money into the government coffers. I thought Democrats liked that idea?

What you don't seem to understand is that the US is in a better position to withstand any increase in prices than most other countries. This is why most won't retaliate, but rather negotiate. If tariffs hurt our economy, they hurt other countries economies too. We have the upper hand in these negotiations. I know you have been taught that the US is inferior in every way, but that is simply untrue in the real world. It is well past time that we used our position of strength to our advantage rather than allowing other countries to take advantage.

Wait, during the campaign we were told that Americans couldn't survive with our high prices and now you're saying that we are in position to tolerate even higher prices? Seems like you're doing a 180 since Trump got elected, you know, for political purposes.

Bringing money into government coffers takes it out of the economy, doesn't it? You said the opposite earlier.