See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Consumer prices rose 0.3% in April, less than expectations

Posted on AllSides May 15th, 2024
From The Center

Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that would suggest a cut in interest rates is imminent.

The consumer price index, a broad measure of how much goods and services cost at the cash register, increased 0.3% from March, the Labor Department’s Bureau of Labor Services reported Wednesday. That was slightly below the Dow Jones estimate for 0.4%.

On a 12-month basis, however, the CPI increased 3.4%, in line with expectations.

Read full story
Some content from this outlet may be limited or behind a paywall.
https://www.cnbc.com/2024/05/15/cpi-inflation-april-2024-consumer-prices-rose-0point3percent-in-april.html

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right