Core Insights - The U.S. Consumer Price Index (CPI) rose by 2.7% year-on-year and 0.2% month-on-month in July [1] - The core CPI, excluding volatile food and energy prices, increased by 3.1% year-on-year and 0.3% month-on-month, marking the largest month-on-month increase in six months [1] - The housing cost index contributed significantly to the CPI increase, with a year-on-year rise of 3.7% and a month-on-month rise of 0.2% [1] Inflation Drivers - Beef prices saw a notable increase of 1.5% month-on-month, influenced by drought conditions affecting ranch production and tariffs raising import beef prices [1] - Energy prices decreased, with the energy price index falling by 1.6% year-on-year and 1.1% month-on-month, partially offsetting inflationary pressures [1] - Gasoline prices decreased by 2.2% month-on-month, contributing to the overall decline in energy prices [1] Economic Implications - The inflation data indicates a slowdown in rent increases and a drop in gasoline prices, which may mitigate the impact of tariff measures [1] - Many businesses are likely absorbing a significant portion of the tariff costs, suggesting potential implications for pricing strategies [1] - The stability in July's inflation data keeps the possibility of a Federal Reserve interest rate cut next month on the table [1]

Core Insights - The Consumer Price Index (CPI) for July in the United States showed a year-on-year increase of 2.7%, slightly below the expected 2.8% and consistent with June's figure [1] - Month-on-month, the CPI rose by 0.2%, matching expectations and down from June's 0.3% increase [1] - The core CPI, excluding volatile food and energy prices, increased by 3.1% year-on-year, surpassing the expected 3.0% and up from 2.9% in June [1] - On a month-on-month basis, the core CPI rose by 0.3%, in line with expectations and higher than June's 0.2% [1]

美国7月CPI年率与上月 期的2.8%;环比上涨0. 类指数上涨0.2%,是带 因素之一，机票价格创: 医疗和娱乐价格也有所_ | 02 核心CPI年率 | 03 核心C | | --- | --- | | 公布值 | 公布值 | | 5.1% ▲ 高于预期 | ■ 符合预其 | | 核心 CPI年率进一步走 高至 | 核心CPI月 率 | | 3.1%，为五个月高位,高于预期一 | 来首次未能イ | | 的3.0%。分析师认为这并非一 | 较大的包括[ | | 个好兆头。 | 乐、家居用語 | | | 数据公布后,交易员加 | | CPI较上月持平 | 的押注,预计9月美联 | 1 477 1- 市场坚持押注 美联储9月降息 2 0 2 5 08-12 美国7月CF 看CPI, 到 ( ) 金十数据 | 2025-08-12制图 01) 美国7月未季调CPI年率 公布值 ▼ 低于预期 2.7% 可能性超过80%。 但比 鉴于核心CPI同比上涨 能低于预期中值,这是 味着未来几个月CPI将组 Q JIN10.COM 看CPI，到金十，立即下载金十数据APP>> ...

Group 1 - The core point of the article is the release of the July Consumer Price Index (CPI) data by the U.S. Bureau of Labor Statistics, indicating inflation trends in the U.S. economy [1][2][3] Group 2 - The July CPI year-on-year increased by 2.7%, matching the previous value and slightly below the expected 2.8% [1] - The month-on-month CPI for July rose by 0.2%, consistent with expectations but lower than the previous month's increase of 0.3% [1] - The core CPI year-on-year for July was reported at 3.1%, exceeding the expected 3% and up from the previous 2.9% [2] - The month-on-month core CPI for July increased by 0.3%, aligning with expectations and higher than the previous 0.2% [3] Group 3 - Following the CPI data release, traders increased their bets on a potential interest rate cut by the Federal Reserve in September [3] - U.S. stock index futures experienced a short-term rise, with the Nasdaq futures up by 0.41%, S&P 500 futures up by 0.36%, and Dow futures up by 0.44% [3] - U.S. Treasury yields fell sharply, with the 2-year Treasury yield decreasing by nearly 5 basis points [3] - The U.S. dollar index declined by 0.22% in the short term [3] - Spot gold prices increased by 0.29% shortly after the data release [3]

每经AI快讯，8月12日，美国7月核心CPI环比增长0.3%，预估为0.3%，前值为0.2%；美国7月核心CPI同 比增长3.1%，预估为3%，前值为2.9%。 ...

美国劳工统计局今日公布数据显示，经季节性调整，7月份全美城市居民消费者价格指数（CPI-U）环 比上涨0.2%，此前6月环比上涨0.3%。未经过季调的数据显示，过去12个月CPI总指数上涨2.7%。 分项来看，7月居住类指数上涨0.2%，是带动本月CPI上涨的主要因素。食品类指数当月持平，其中外 出就餐价格上涨0.3%，而家庭食品价格下降0.1%。能源类指数则下跌1.1%，汽油价格环比下降2.2%。 剔除食品与能源后的核心CPI 7月环比上涨0.3%，高于6月的0.2%。涨幅较大的项目包括医疗保健、机 票、娱乐、家居用品与运营、二手车与卡车；而住宿类和通信类指数则出现下跌。 过去12个月，总体CPI上涨2.7%，核心CPI上涨3.1%；能源指数下降1.6%，食品指数上涨2.9%。 食品 7月食品类指数与上月持平，此前两个月均上涨0.3%。家庭食品价格下降0.1%，六大类中有两类上涨、 三类下降、一类持平。乳制品及相关产品上涨0.7%，其中牛奶上涨1.9%；肉类、禽类、鱼类和蛋类整 体上涨0.2%，其中牛肉上涨1.5%，鸡蛋下跌3.9%。 能源 7月能源类指数下降1.1%，此前6月上涨0.9%。汽油价格环比下降 ...

Group 1 - In July, the national consumer price index (CPI) remained flat year-on-year, while it increased by 0.4% month-on-month, reversing a previous decline of 0.1% [1][3] - The core CPI, excluding food and energy prices, rose by 0.8% year-on-year, marking an expansion in growth for three consecutive months [3] - Service prices increased by 0.6% month-on-month, contributing approximately 0.26 percentage points to the CPI's month-on-month increase, accounting for over 60% of the total CPI rise [6] Group 2 - The surge in travel-related consumption during the summer vacation season led to significant price increases in various sectors, with airfares, tourism, hotel accommodations, and vehicle rental fees rising by 17.9%, 9.1%, 6.9%, and 4.4% respectively [9] - Industrial consumer goods prices increased by 0.5% month-on-month, with the growth rate expanding by 0.4 percentage points compared to the previous month, contributing approximately 0.17 percentage points to the CPI's month-on-month increase [13] - The CPI remained flat year-on-year due to lower food prices, with fresh vegetable prices declining by 7.6% year-on-year, a drop that expanded by 7.2 percentage points compared to the previous month, while fresh fruit prices increased by 2.8%, with the growth rate decreasing by 3.3 percentage points [15]

Group 1 - The Consumer Price Index (CPI) in December increased by 0.1% year-on-year, indicating a stable consumption market overall [5] - The core CPI, excluding food and energy prices, rose by 0.4% year-on-year, with the growth rate expanding by 0.1 percentage points compared to the previous month [5] - The Producer Price Index (PPI) experienced a month-on-month decline of 0.1% and a year-on-year decrease of 2.3%, with the year-on-year decline narrowing by 0.2 percentage points from the previous month [7]

【纠错】 【责任编辑:赵文涵】 国家统计局城市司首席统计师董莉娟分析指出，6月份CPI同比上涨0.1%，为连续下降4个月后转 涨。CPI由降转涨主要受工业消费品价格有所回升影响。工业消费品价格同比降幅由上月的1.0%收窄至 0.5%，对CPI同比的下拉影响比上月减少约0.18个百分点。其中，油价变动影响能源价格降幅比上月收 窄1.0个百分点。 新华社北京7月9日电（记者潘洁）国家统计局9日发布数据显示，6月份，全国居民消费价格指数 （CPI）同比由上月下降转为上涨0.1%；扣除食品和能源价格的核心CPI同比继续回升，上涨0.7%。 今年上半年，CPI比上年同期下降0.1%。 分类别看，6月份，食品价格同比下降0.3%，降幅比上月收窄0.1个百分点，其中牛肉价格结束28个 月连续下降，转为上涨2.7%；猪肉价格下降8.5%，为连续上涨后首次转降。服务价格同比上涨0.5%， 涨幅保持稳定。 ...

Core Insights - The Consumer Price Index (CPI) in June turned from a decline to an increase of 0.1% year-on-year, indicating a marginal improvement in consumer prices [2] - The core CPI, excluding food and energy, rose by 0.7% year-on-year, marking the highest increase in nearly 14 months, reflecting a gradual recovery in consumer demand [3][4] CPI Analysis - The CPI's year-on-year increase was influenced by a rebound in industrial consumer goods prices and rising domestic fuel prices due to international oil price fluctuations [2] - The year-on-year decline in industrial consumer goods prices narrowed from 1.0% to 0.5%, reducing the downward pressure on CPI by approximately 0.18 percentage points [2] - Food prices decreased by 0.4% month-on-month, with specific items like freshwater fish and fresh vegetables seeing price increases [3] PPI Analysis - The Producer Price Index (PPI) fell by 0.4% month-on-month, with some industries showing signs of price stabilization and recovery [5] - The year-on-year decline in PPI expanded by 0.3 percentage points, but macroeconomic policies have improved supply-demand relationships in certain sectors [5][6] - Prices in the automotive manufacturing sector, including gasoline and new energy vehicles, showed a narrowing decline, indicating potential recovery in these industries [5][6] Policy Impact - The implementation of proactive macroeconomic policies has led to improvements in both manufacturing and non-manufacturing sectors, addressing supply-demand issues and supporting price trends [4] - The ongoing exit of outdated production capacity and the enhancement of product quality are expected to contribute to a gradual price recovery in the second half of the year [6]