Businesses Pass on Tariffs, Increasing Prices, Survey Finds
TL;DR Summary
Surveys and anecdotes indicate that tariffs are leading to increased prices for goods and services in the US, with many companies passing higher costs onto consumers. While the official inflation data hasn't fully reflected these changes yet, the trend suggests that consumers should expect to pay more in the coming months, as tariffs continue to influence pricing and inflation is projected to rise slightly in 2025 and 2026.
- Tariffs are raising prices, surveys show Axios
- Businesses are raising prices after tariffs — even on unaffected goods Axios
- How Trump’s tariffs and other policies are ‘raising hell,’ according to business owners CNN
- NY Fed survey: Last month most firms passed on some of tariff surge Yahoo Finance
- Most companies are already raising prices or plan to because of tariffs, data shows CNBC
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