Market News

Inflation in the UK picked up pace in June 2025, largely due to a rebound in fuel prices.

Despite the United States implementing aggressive new tariffs on imports from the European Union, Mexico, and other trading partners, inflationary pressures have so far remained muted. This has puzzled economists and market analysts who expected consumer prices to rise more quickly in response to the trade measures.

The latest data suggests that while the U.S. labor market remains resilient, there are emerging signs of softening.

The US private sector shed 33,000 jobs in June, according to the latest ADP National Employment Report compiled with Stanford’s Digital Economy Lab. The data highlights a notable slowdown in hiring despite continued resilience in wage growth.

U.S. manufacturing sent conflicting signals in June 2025, as separate surveys painted diverging pictures of sector performance.

Annual inflation in the euro area is projected to reach 2.0% in June 2025, a slight increase from 1.9% in May, according to a flash estimate released by Eurostat, the statistical office of the European Union.

Germany’s annual inflation rate remained at 2.0% in June 2025, according to provisional figures from the Federal Statistical Office (Destatis). This year-on-year reading, based on the Consumer Price Index (CPI), aligns with May’s figure, indicating stable headline price growth.

Personal income in the United States fell by 0.4% in May, equivalent to a $109.6 billion decrease, according to data from the US Bureau of Economic Analysis.