US CPI Outlook: Tariffs may contribute approximately 0.08 percentage points to the core CPI reading in June.

On July 15, Jin10 reported that most economists expect June's CPI report to show a significant surge in numbers. Goldman Sachs estimates that tariffs may contribute approximately 0.08 percentage points to the June core CPI reading. Specific categories that may be affected by tariffs include: furniture, entertainment products, education-related items, communication equipment, and personal care products.

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