The core Consumer Price Index picked up to 3.1% Y/Y in July, its highest level since February, exceeding the 3.0% consensus and the +2.9% pace in June, according to data released by the Bureau of Labor Statistics on Tuesday.

(Bloomberg) -- Here are the key takeaways from the July US consumer price index report, released Tuesday:

July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.

The consumer-price index is due out on Tuesday morning, offering the latest insight into how President Trump's tariff policies are feeding into price pressures. Here's what to know: Prices likely rose 2.

The July CPI report shows that tariffs are having a slight impact on inflation, though not enough to keep the Fed from cutting interest rates.

U.S. stocks finished sharply higher on Tuesday, with the S&P 500 and Nasdaq Composite booking fresh records after [the July consumer-price index](

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer-price index report for July. Policymakers should “reserve judgment” until other reports,

Inflation ticked higher in July as investors stay alert to how much President Trump’s tariffs are starting to affect consumer costs.