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U.S. inflation is easing overall, but key costs like rent, food, and gas remain volatile, impacting everyday budgets.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Inflation could rise this summer as tariffs are reflected in the data, forecasters say. The US tariff rate is high even after the latest deal with China.
Prices for other foods declined in April. Inflation in the fresh fruits and vegetables group dropped by 0.7%, with lettuce ...
Inflation rose slightly ... to impact consumer prices in the coming months. The Bureau of Labor Statistics on Tuesday said that the consumer price index (CPI) — a broad measure of how much ...
Despite soft April inflation data, rising tariffs are starting to pressure margins, prices, and Fed policy. A summer rebound ...
CPI reveals easing inflation at 0.221% with core at 0.237%. Recession odds drop; stay updated on key macro data shaping Fed rate decisions. Click for more.
Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation ...
In the 12 months through April, the CPI climbed 2.3 per cent, slightly lower than economists' forecast. Read more at straitstimes.com. Read more at straitstimes.com.