Reported about 12 hours ago
According to the latest Consumer Price Index (CPI) report from April, consumer prices rose by 2.3% year-over-year, marking the slowest annual increase since February 2021 and below economists' expectations. Monthly prices increased by 0.2%, which is less than projected, with significant contributions from the shelter and furniture sectors. Despite concerns about the impact of President Trump's tariffs, the CPI results reflect limited immediate effects, as economic adjustments may take time.
Source: YAHOO