U.S. inflation

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US Inflation Slows to 4.9% in April, But Core Prices Remain High
ByNNR May 10, 2023May 10, 2023

According to data released by the Bureau of Labor Statistics on Wednesday, the annual rate of inflation in the US stood at 4.9% in April, lower than consensus expectations of 5.0% and marking the slowest pace in two years. However,…

Read More US Inflation Slows to 4.9% in April, But Core Prices Remain High
Wire

U.S. inflation eases as grocery prices fall for the first time in six months
ByNNR April 12, 2023April 12, 2023

The US Consumer Price Index (CPI) fell in March for the ninth consecutive month, and grocery prices fell on a monthly basis for the first time since September 2020. The Bureau of Labor Statistics reported that prices increased by 5%…

Read More U.S. inflation eases as grocery prices fall for the first time in six months