Changes in Inflation and the Impact of Tariffs on the Market

• Inflation in the USA remained at 2.7% in July
• Trump's tariffs on imported goods are affecting prices
• Fund indexes have reached new records, regardless of tariffs

This is reported by NBC News, The Yomiuri Shimbun.

August 13, 2025

In July 2025, inflation in the USA remained unchanged at 2.7%, despite an increase in prices for some imported goods due to new tariffs. Meanwhile, the decrease in gasoline prices and food products compensated for this increase, which led to a slight overall increase in prices by 2.7% compared to last year.

According to data from the Department of Labor, core prices, excluding food and energy products, increased by 3.1%. The value of imported goods increased by over 10% due to tariffs imposed by President Trump in April, as well as increased tariffs on goods from China and Canada.

Economists note that overall tariffs reached 10%, the highest level in a decade, and are likely to continue to rise. Companies that cannot pass on costs to consumers may soon lay off the most recent hires.

On the stock market, the situation is different. In July, the main fund indexes reached new records. Investors optimistically reacted to inflation data, hoping for a possible decrease in interest rates by the Federal Reserve in the upcoming meeting in September.

However, despite the increase in stocks, small businesses are struggling with higher tariffs, as they have fewer options to raise prices. Research shows that fewer small businesses consider themselves profitable.

Trump also expressed views on the Federal Reserve system, calling for a reduction in interest rates, regardless of the current state of the job market, which could influence the regulator's decisions.

The data on inflation and tariffs indicate that the US economy is still facing challenges, but at this moment the situation is not critical.

Tags: USA/Economy