Economics

Consumer Price Index in U.S. Forecast to Climb at a Solid Pace

  • Median forecast calls for 0.5% increase, core CPI up 0.4%
  • Economists watching pricing impact beyond pandemic effect
Photographer: Mark Kauzlarich/Bloomberg
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Prices paid by U.S. consumers probably climbed in June at a solid pace as higher commodity and labor costs associated with the reopening contribute to inflationary pressures.