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Breaking down July's CPI report

July's Consumer Price Index rose 2.7% on an annual basis and 0.2% month-over-month, with some prices rising as President Trump's tariffs took effect. CBS News MoneyWatch correspondent Kelly O'Grady has more details, while Ramy Inocencio discusses the U.S. and China's renewed trade truce.
Aug 12, 2025 (06:47)
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