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US Inflation Comes In Softer Than Forecast In April
The Straits Times
|May 14, 2025
US inflation rose by less than forecast in April amid tame prices for clothing and new cars, suggesting little urgency so far by companies to pass along higher tariffs.
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WASHINGTON -
The consumer price index (CPI), excluding the often volatile food and energy categories, increased 0.2 per cent from March, according to Bureau of Labour Statistics data out on May 13. Compared with April 2024, the core CPI rose 2.8 per cent, unchanged from the month prior.
The overall CPI advanced 0.2 per cent, and climbed 2.3 per cent on an annual basis.
The CPI report showed a pullback in airfares and hotels, suggesting weaker demand for discretionary services. Used cars, trucks and apparel also fell. Grocery prices declined for the first time in almost a year, including the biggest drop since 1984 in egg prices.
Esta historia es de la edición May 14, 2025 de The Straits Times.
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