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Prices rose 2.3% in April from a year earlier, according to the Department of Labor, the smallest change since Feb. 2021.
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On a core basis, or excluding volatile food and energy prices, the CPI rose at a 2.8% rate.
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Energy prices decreased 3.7%.
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Monthly inflation ticked up, with the CPI rising 0.2% in April from March, and core CPI up 0.2%.
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15 sats \ 2 replies \ @Undisciplined 11h
Better than normal, when including food and energy (and some other stuff people actually buy regularly) makes it look worse.
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21 sats \ 1 reply \ @Cje95 OP 9h
Energy prices falling 3.7% will be a nice win for the Admin and something they can push big time
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0 sats \ 0 replies \ @Undisciplined 9h
And they should. Normally, I don't think administrations deserve much credit, but Trump vs Biden is a huge difference on energy development.
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