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The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
The consumer price index, which measures the costs for a broad range of goods and services, rose a seasonally adjusted 0.2% for the month, putting the 12-month inflation rate at 2.3%, its lowest ...
On a month-over-month basis, the CPI rose 0.2%, lighter than the 0.3% pace forecast by economists. Housing costs were a major driver of inflation last month, the Bureau of Labor Statistics said.
Inflation was slightly lower than expected in April as President Donald Trump's tariffs just began hitting the slowing U.S. economy, according to a Labor Department report Tuesday. The consumer ...
In April, prices decelerated from 2.39% in March to 2.31%, the lowest level since February 2021. Inflation cooled for a third straight month in April, hitting its lowest level in over four years.
WPI-based inflation was 2.05 per cent in March. It was 1.19 per cent in April last year. "Positive rate of inflation in April, 2025 is primarily due to an increase in prices of manufacture of food ...
BERLIN, May 14 (Reuters) - German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data. German consumer prices, harmonised to ...