While pundits looked with their magnifying glasses for tariffs in consumer goods prices, it was in services, which are not tariffed, where inflation took off again.

Services inflation, especially rent and shelter inflation, continued to decline, offsetting rising core goods inflation that may be influenced by tariffs, Steve Hou, a quant researcher at Bloomberg, said in a Tuesday post on X.

CPI (M) leader demands transparency from Tamil Nadu government on property tax scam investigation and other irregularities.

U.S. Core CPI was lighter than expected for the fifth straight month as slowing services inflation helped to offset higher goods prices.

South Africa’s central bank Governor Lesetja Kganyago signaled confidence that inflation would remain within its target for the next two years, despite uncertainties stemming from US tariffs.

P. Palanivel, 73, assistant secretary, Communist Party of India (CPI) Idukki district committee. | Photo Credit: SPECIAL ARRANGEMENT

Liberation [CPI(ML)] has strongly condemned the recent eviction drives carried out in various parts of Assam, alleging gross human rights violations and a conspiracy to displace tribal and minority communities for the benefit of corporate interests.