New inflation figures released Tuesday added to signs that President Donald Trump’s tariffs are driving up the cost of everyday goods, even as lower energy prices helped temper overall increases. The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.

Impacts from tariffs imposed in early August could take a while to show up in inflation data. The year-over-year inflation rate held at 2.7% in July, below the expected 2.8% but still elevated. New tariffs on copper products and dozens of countries went into effect in early August,