Here’s the inflation breakdown for July 2025 — in one chart

## Inflation Holds Steady, But Trouble May Be Brewing

The latest inflation data shows a mixed picture. While overall inflation remained steady in July, there are underlying concerns about rising prices due to tariffs and immigration policies. Here’s a breakdown:

• Overall Inflation: The Consumer Price Index (CPI) rose 2.7% in July compared to the previous year, the same as the prior month.
• Grocery and Gas Relief: Declining prices for groceries and gasoline helped offset price increases in other areas.
• Core Inflation on the Rise: “Core” CPI, which excludes food and energy, increased 3.1% in July, the fastest pace since February.
• Tariff Impact: Economists believe tariffs are contributing to inflation, particularly for goods like household furnishings and apparel. The full impact is expected to be felt later.
• Immigration’s Role: Policies around immigration are also seen as limiting the labor supply in some sectors, which could lead to higher prices.
• Differing Opinions: While some economists see clear signs of tariff-driven inflation, a White House official disputes this.
• Delayed Effects: The full impact of tariffs may take months to materialize as businesses adjust and pass on costs.

For more details, you can read the original article here: [Insert Article Link Here]