Lowest Inflation Since April 2021 Recorded Last Month

Lowest Inflation Since April 2021 Recorded Last Month

Consumer price inflation decelerated to 4.9% YoY in April, a slower pace than March’s 5%, according to the Bureau of Labor Statistics. This marks the 10th consecutive month of slower headline CPI growth and the lowest rate since April 2021. Core CPI, which excludes food and energy prices, remained unchanged at 5.5% for the 12 months ending in April. The latest CPI release came in below expectations, signaling a slight relief for consumers enduring high prices.

Read more at CNN

Summary
Lowest Inflation Since April 2021 Recorded Last Month
Article Name
Lowest Inflation Since April 2021 Recorded Last Month
Description
Consumer price inflation decelerated to 4.9% YoY in April, a slower pace than March's 5%, according to the Bureau of Labor Statistics.
Author
Publisher Name
CNN
Publisher Logo

Leave a Comment

Your email address will not be published. Required fields are marked *