The price increases from tariffs can be seen in both economy-wide data and retail data. Core goods inflation in the PCE reading is already 0.33 percentage points higher due to tariffs, increasing overall inflation by 0.1 percentage points.
So far, we've only seen half of the tariff pass-through.
RiverCrochet · 11h ago
Anecdata: A vending machine at my weekend workplace just raised the price of Snickers bars from $1.00 to $1.20. Your standard pack of 6 cheese crackers went up from 90 cents to a full dollar.
So far, we've only seen half of the tariff pass-through.