United States Inflation Rate

The US annual inflation rate remained at 2.7% in in July 2025, the same as in June and below forecasts of 2.8%. Price pressures increased for used cars and trucks (4.8% vs 2.8% in June), transportation services (3.5% vs 3.4%) and new vehicles (0.4% vs 0.2%) while inflation steadied for food (2.9% vs 2.9%). On the other hand, inflation slowed slightly for shelter (3.7% vs 3.8%) and energy cost declined more (-1.6% vs -0.8%). Prices for gasoline (-9.5% vs -8.3%) and fuel oil (-2.9% vs -4.7%) continued to decrease while the rise for natural gas prices remained elevated (13.8% vs 14.2%).On a monthly basis, the CPI rose 0.2%, just below June’s 0.3% gain which was the strongest since January and matching expectations. Meanwhile, core inflation, which excludes food and energy, accelerated to a five-month high of 3.1%, compared to 2.9% in June and above forecasts of 3%. The monthly core CPI went up 0.3% as expected, its sharpest rise in six months, after 0.2% previously. source: U.S. Bureau of Labor Statistics

2025年7月，美国年度通货膨胀率维持在2.7%，与6月持平，且低于市场预期的2.8%。细分品类价格表现方面，二手车与卡车（4.8%，6月为2.8%）、运输服务（3.5%，6月为3.4%）以及新车（0.4%，6月为0.2%）的价格涨幅均有所扩大；食品通胀率则保持平稳，为2.9%，与6月水平一致。
另一方面，住房通胀小幅放缓（3.7%，6月为3.8%），能源成本降幅进一步扩大（-1.6%，6月为-0.8%）。其中汽油（-9.5%，6月为-8.3%）与燃料油（-2.9%，6月为-4.7%）价格持续下行，但天然气价格涨幅仍处于高位（13.8%，6月为14.2%）。
环比层面，美国消费者物价指数（Consumer Price Index, CPI）上涨0.2%，略低于6月0.3%的涨幅——该涨幅为今年1月以来的最大单月环比涨幅，且符合市场预期。与此同时，剔除食品与能源价格的核心通胀率升至5个月来新高的3.1%，高于6月的2.9%及市场预期的3%。月度核心CPI环比上涨0.3%，符合市场预期，为6个月来最大单月环比涨幅，此前6月核心CPI环比涨幅为0.2%。
数据来源：美国劳工统计局（U.S. Bureau of Labor Statistics）