CPI inflation climbs to 2.4 percent, Joseph Politano says

CPI inflation climbs to 2.4 percent, Joseph Politano says
CPI inflation reaches 2.4 percent

Consumer Price Index (CPI) inflation increased to 2.4 percent year-on-year, with a 0.3 percent rise month-on-month.

Joseph Politano highlighted that core CPI inflation decreased to 2.5 percent year-on-year and posted a 0.2 percent month-on-month increase.

The latest movements in inflation arrive amid broader shifts in the U.S. economy, including a record-setting trade deficit surpassing $1 trillion in 2025. Concurrently, persistent uncertainty continues to impact commercial real estate, as reflected in the plunge in U.S. office construction to a 14-year low. These interrelated trends underscore the complex backdrop against which today’s CPI figures must be assessed.

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