News published on 05/10/23 14:38
(CercleFinance.com) – According to the Labor Department, the US consumer price index rose 4.9% in April compared to the same month of 2022, an annual rate at its lowest since April 2021, and close to economists’ expectations.
Excluding energy (-5.1%) and food products (+7.7%), two traditionally volatile categories, the annual inflation rate stood at 5.5% last month, a level roughly in line to that expected by the market on average.
Sequentially, i.e. between March and April 2023, consumer prices in the United States increased by 0.4%, both in raw data and excluding energy and food products.
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2023-05-10 12:38:00
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