US CPI outlook: Tariffs may contribute around 0.08 percentage points to core CPI reading in June.
Most economists expect that the CPI report for June will show a significant increase in the numbers. Goldman Sachs estimates that tariffs may contribute around 0.08 percentage points to the core CPI reading for June. Specific categories that may be affected by tariffs include: furniture, entertainment goods, education-related items, communication devices, and personal care products.
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