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The consumer price index, a widely followed measure of inflation, accelerated slightly less than expected in July on an annual basis, as President Donald Trump’s tariffs showed mostly modest impacts. The CPI increased a seasonally adjusted 0.2% for the month and 2.7% on a 12-month basis, the Bureau of Labor Statistics reported Tuesday. That compared to the respective Dow Jones estimates for 0.2% and 2.8%. More: cnb.cx/3HvYrZo | CNBC
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