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US April CPI 4.9% y/y versus 5.0% expected

PriorCPI MoM 0.4% vs 0.4% expectedPrior MoM reading was 0.1%CPI YoY 4.9% vs 5.0% expected. Lowest since February 2021Core CPI MoM 0.4% versus 0.4% expectedCore YoY 5.5% versus 5.5% expectedShelter 0.4% versus 0.6% last monthThe U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4% in April on a seasonally adjusted basis, following a 0.1% rise in March. Over the last 12 months, the all items index grew by 4.9% before seasonal adju... Read More

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Posted: May 10 2023, 12:30

Author Name: forexlive

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