关税对通胀影响逐渐显现？美国进口价格创一年最大涨幅

Group 1 - The White House maintains that tariffs have not increased inflation in the U.S., but recent economic data may challenge this assertion [1][2] - The U.S. Bureau of Labor Statistics reported a 0.4% increase in import prices in July, the largest rise in over a year, driven by rising commodity costs [1][3] - The Producer Price Index (PPI) for July showed significant increases in the costs of goods and services, raising inflation concerns and impacting the S&P 500 index [1][2] Group 2 - Retail and food service sales rose by 0.5% to $726.3 billion in July, but this figure does not account for inflation, indicating that the increase includes both higher consumption and price rises [1][2] - Clothing sales, which are sensitive to tariffs, increased by 7.4% year-over-year, while dining expenditures fell by 0.4%, suggesting cautious consumer spending on discretionary items [2] - The University of Michigan's consumer confidence index dropped to a three-month low, with significant increases in both one-year and five-year inflation expectations [2] Group 3 - The effective tariff rate in the U.S. has risen to between 18% and 19% following recent tariff announcements, compared to approximately 3% in August of the previous year [3] - The upcoming Consumer Price Index (CPI) data for August is expected to reflect some effects of the tariffs [3] - There is concern that overseas sellers have not significantly lowered prices to absorb the impact of tariffs, which may not bode well for U.S. CPI projections [3]