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US inflation drops unexpectedly

2023/05/10/14:47
in Central Banks, UK
Reading Time: 1 min read
243 10
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The credit crunch the Fed fears may already be taking shape
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Inflation in the United States in April was 4.9 percent, according to recent consumer price statistics from the country’s Department of Labor. This can be compared with 5.0 percent in March.

The average forecast among analysts was for unchanged inflation in April, according to the Bloomberg news agency’s compilation.

The underlying so-called core inflation in April, which strips out energy and food prices, 5.5.

Analysts had on average expected 5.5 percent in underlying inflation in April. In March, it was 5.6 percent.

Source: aftonbladet/newshub

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