U.S. April CPI disappoints

12 May 2017

 

Fresh vegetables, energy and housing expenses drove consumer inflation higher in the U.S. during April. April CPI figures released by the Bureau of Labor Statistics indicate consumer prices rose by 0.2% for the month, which was in line with expectations and a big turn-around from March’s -0.3%.On a 12 month basis, consumer prices increased by 2.2%. Core prices, a measure of prices which strips out food and energy price changes,...

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