A gauge of underlying inflation in July showed prices increasing at the fastest annual pace in five months, a sign that businesses are passing along tariff-related costs to customers.

July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.

The headline figure for the Consumer Price Index was at 2.7% year-over-year, up from 2.4% in May and higher than the expected 2.6% growth. In June, prices accelerated from 2.35% in May to 2.67% ...

Inflation has come down quickly over the past years and now hovers around the 2% target, a key reason why the ECB left interest rates unchanged on Thursday and hinted that it was not in any hurry ...

So-called core inflation, a measure of CPI that excludes food and energy prices (which are more volatile), rose by 2.9% over the past 12 months, according to the Bureau of Labor Statistics.

The consumer price index rose 2.7% in July on an annual basis. There's some evidence tariffs are putting upward pressure on ...

Inflation for housing, the largest CPI component, increased just 0.2% for the month but was 3.8% higher compared to a year ago. That was the largest contributor to the overall CPI gain, the BLS said.

Over the past five years, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has jumped by more than 50%, reflecting strong demand and limited housing supply.