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Overseas Headlines – July 15, 2025

July 15, 2025

United States:

US Core CPI Rises Less Than Expected Again on Drop in Car Prices

 

Underlying US inflation rose in June by less than expected for a fifth month, as lower car prices helped offset gains in other goods exposed to tariffs.

 

The consumer price index, excluding the often-volatile food and energy categories, increased 0.2% from May, according to Bureau of Labor Statistics data out Tuesday. On an annual basis, it advanced 2.9%.

 

https://www.bloomberg.com/news/articles/2025-07-15/us-core-cpi-rises-less-than-expected-for-a-fifth-straight-month

 

Europe:

German Investor Confidence Rises in Sign of Trade Resilience

 

Investor confidence in Germany’s economy improved in July, highlighting resilience in the face of US tariff threats as the government in Berlin ramps up spending.

 

An expectations index by the ZEW institute rose to 52.7 from 47.5 the previous month, more than the 50.4 that economists in a Bloomberg survey had estimated.

 

https://www.bloomberg.com/news/articles/2025-07-15/german-investor-confidence-improves-in-sign-of-trade-resilience

 

Asia:

China’s GDP Beat Masks Fragile Demand, Sparking Outlook Concerns

 

China’s economic growth exceeded expectations in the second quarter but a more pronounced slowdown is becoming likely in the months ahead, made worse by risks to global trade and sluggish consumer demand at home.

 

Gross domestic product expanded 5.2% in April-June from a year earlier, after a gain of 5.4% in the first quarter, according to data released Tuesday by the National Bureau of Statistics.

 

https://www.bloomberg.com/news/articles/2025-07-15/china-economy-expands-5-2-as-exports-propel-growth-above-target?srnd=phx-economics-v2

 

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