U.S. Inflation in April

SOURCE www.breitbart.com
U.S. inflation edged up in April, less than forecast, defying predictions that tariffs would push prices up at a faster rate.

Key Points

  • Consumer price index rose 0.2% in April
  • Core prices increased by 0.2% compared to March
  • Energy prices are down despite a slight increase in April
  • Tariffs have not had a significant impact on consumer prices so far
  • Inflation seems to be driven by domestic demand for housing and services

Pros

  • Inflation in April was lower than forecasted
  • Core prices rose slightly compared to the previous month

Cons

  • Energy prices are down despite a slight increase in April
  • Some prices, like apparel and groceries, have fallen