August 12, 2025
July CPI shows inflation climbing as Trump tariffs hit prices
Coffee up 33%, beef up 11-13% as trade war taxes hit families
📈Trade💵Tax & Budget💰Economy
The July 2025 Consumer Price Index shows inflation at 2.7% annually with core inflation at 3.1%
Core inflation accelerated to the fastest pace in five months
Coffee prices are up 33% and ground beef is up approximately 11-13% since last year
Airline fares jumped 4% in July alone
Gas prices fell 10.3% due to domestic energy deregulation
Trump's tariffs average 17-21% and are starting to affect consumer costs across imported goods
Biden reduced inflation from a 9.1% peak in June 2022 to 2.7% before Trump took office in January 2025
📈Trade💵Tax & Budget💰Economy
Test Your Knowledge
10
Q1
Restaurant food prices (food away from home) increased by what percentage over the past year?
Q2
Ground beef prices have increased by what percentage under Trump's tariff policies?
Q3
According to today's CPI report, by what percentage have coffee prices increased since Trump's tariffs began?
Q4
What is the current July 2025 headline inflation rate according to today's CPI report?
Q5
What percentage did gasoline prices fall despite other tariff-driven increases?
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Start QuizPeople, bills, and sources
Donald Trump
President of the United States
Jerome Powell
Federal Reserve Chairman
Joe Biden
Former President