{"id":1055585,"date":"2025-08-12T11:24:05","date_gmt":"2025-08-12T15:24:05","guid":{"rendered":"https:\/\/democrats.org\/?p=1055585"},"modified":"2025-08-12T11:24:05","modified_gmt":"2025-08-12T15:24:05","slug":"new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/","title":{"rendered":"New Report: In Trump\u2019s Economy, Core Inflation Accelerated &#038; Prices Rose at \u201cFastest Annual Pace\u201d in Five Months"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"449\" width=\"1024\" src=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" alt=\"\" class=\"wp-image-1050776\" srcset=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png 1101w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=300,132 300w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=768,337 768w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=1024,449 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Today\u2019s <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/cpi.pdf\">Consumer Price Index<\/a> report confirms that Donald Trump\u2019s billionaire-first agenda is skyrocketing prices and drawing out economic uncertainty. In Trump\u2019s economy, core inflation ticked <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/cpi.pdf\">above 3%<\/a> for the first time since <a href=\"https:\/\/x.com\/byHeatherLong\/status\/1955247169289720147\">February<\/a>.<\/p>\n\n\n\n<p><em>In response, <\/em><strong><em>DNC Communications Director Rosemary Boeglin released the following statement:<\/em><\/strong><\/p>\n\n\n\n<p>\u201cDonald Trump is steering the economy off a cliff, as core inflation rises to over 3%. Working families are already cutting back on basic necessities asTrump\u2019s billionaire-first agenda makes life more expensive. While his budget explodes the deficit and enables the largest wealth transfer in history from the working and middle classes to the ultrawealthy, Trump\u2019s erratic trade war continues to accelerate inflation and jack up prices. While Trump profits off the presidency, hardworking Americans are struggling to get by with no end in sight.\u201d<\/p>\n\n\n\n<p>Trump\u2019s erratic trade war is accelerating core inflation as prices skyrocket <a href=\"https:\/\/www.nytimes.com\/live\/2025\/08\/12\/business\/cpi-inflation-tariffs-fed?smid=nytcore-ios-share&amp;referringSource=articleShare\">\u201cat the fastest annual pace in five months.\u201d<\/a> Under Trump, service prices such as airfare and medical care costs jumped this month by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-12\/us-core-cpi-picks-up-to-fastest-pace-since-january-on-services\">\u201cthe most since the start of the year.\u201d<\/a> And economists warn that Trump\u2019s inflationary trade war will only push <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-11\/us-consumers-to-bear-brunt-of-tariff-hit-goldman-economists-say\">prices higher<\/a> in the coming months.<\/p>\n\n\n\n<p>Life continues to get more expensive under Trump\u2019s disastrous agenda, as prices for the <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/cpi.pdf\">following goods<\/a> jumped in the last month alone:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ground beef increased 2.4%\u00a0<\/li>\n\n\n\n<li>Ham increased 3.7%\u00a0<\/li>\n\n\n\n<li>Pork chops increased 2.0%<\/li>\n\n\n\n<li>Milk increased 1.9%<\/li>\n\n\n\n<li>Oranges increased 2.1%<\/li>\n\n\n\n<li>Lettuce increased 4.0%<\/li>\n\n\n\n<li>Tomatoes increased 3.3%<\/li>\n\n\n\n<li>Coffee increased 2.3%<\/li>\n\n\n\n<li>Bedroom furniture increased 1.5%<\/li>\n\n\n\n<li>Dishes and flatware increased 2.0%<\/li>\n\n\n\n<li>Footwear increased 1.4%<\/li>\n\n\n\n<li>Infants\u2019 and toddlers\u2019 apparel increased 3.3%<\/li>\n\n\n\n<li>Airline fares increased 4.0%<\/li>\n<\/ul>\n\n\n\n<p>###<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s Consumer Price Index report confirms that Donald Trump\u2019s billionaire-first agenda is skyrocketing prices and drawing out economic uncertainty. In Trump\u2019s economy, core inflation ticked above 3% for the first time since February. In response, DNC Communications Director Rosemary Boeglin released the following statement: \u201cDonald Trump is steering the economy off a cliff, as core [&hellip;]<\/p>\n","protected":false},"author":293,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1055585","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Report: In Trump\u2019s Economy, Core Inflation Accelerated &amp; Prices Rose at \u201cFastest Annual Pace\u201d in Five Months - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-12T15:24:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1101\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Shelby Reese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shelby Reese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/\",\"url\":\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/\",\"name\":\"New Report: In Trump\u2019s Economy, Core Inflation Accelerated & Prices Rose at \u201cFastest Annual Pace\u201d in Five Months - Democrats\",\"isPartOf\":{\"@id\":\"https:\/\/democrats.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\",\"datePublished\":\"2025-08-12T15:24:05+00:00\",\"author\":{\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/6a79beb4f30710331f5f8ad0cb779d64\"},\"breadcrumb\":{\"@id\":\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/#primaryimage\",\"url\":\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\",\"contentUrl\":\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\",\"width\":1101,\"height\":483},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/democrats.org\/news\/new-report-in-trumps-economy-core-inflation-accelerated-prices-rose-at-fastest-annual-pace-in-five-months\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/democrats.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Report: In Trump\u2019s Economy, Core Inflation Accelerated &#038; 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