The annual U.S. Consumer Price Index (CPI) inflation for April comes in at 4.9% against the expected 5%, as per data by the US Bureau of Labor Statistics. Moreover, the annual core inflation rate drops to 5.5% in April after rising 5.6% last month.
The annual U.S. Consumer Price Index (CPI) inflation for April comes in at 4.9% against the expected 5%, as per data by the US Bureau of Labor Statistics. Moreover, the annual core inflation rate drops to 5.5% in April after rising 5.6% last month.