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Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation ...
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
Inflation picked up speed in April after declining in March, according to data released Tuesday by the Labor Department. The ...
May 13 (UPI) --Inflation rose slightly less than expected in April despite the arrival of President Donald Trump's sweeping international tariffs early in the month, according to a Bureau of Labor ...
Inflation rose less than expected in April, as prices rose 2.3% over the year, down from 2.4% in March. Prices for gas and groceries fell, but housing and eating at restaurants got more expensive.
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.
Sha Hanting / China News Service / VCG via Getty Images Inflation rose less than expected in April, as prices rose 2.3% over the year, down from 2.4% in March. Prices for gas and groceries fell ...