Inflation, CPI
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President Trump repeated his call for the Federal Reserve to cut interest rates after April's inflation report was cooler than expected.
Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other items such as used cars and clothing. The consumer price index, a key inflation gauge, rose 2.3% in April from 12 months earlier, down from 2.4% in March, the Bureau of Labor Statistics reported Tuesday.
Prices for other foods declined in April. Inflation in the fresh fruits and vegetables group dropped by 0.7%, with lettuce and tomato prices both down by over 6%. Dried beans, peas and lentils, however, were up by nearly 6%, underscoring the volatile nature of food prices.
Investors were bracing for a clear sign of tariff-related pricing pressure in the April consumer inflation report, but consumer prices remained tame in Tuesdays
The crypto market stood at $3.4 trillion as the Consumer Price Index (CPI) in April stood at 2.3% over the last 12 months, the Bureau of Labor Statistics reported on May 13. The Federal Reserve has set an inflation target of 2%. As per Kraken's price feed, Bitcoin was trading at $103,587 at press time.
Argentina's Consumer Price Index (CPI) reached 2.8% in April 2025, the National Institute of Statistics and Census (Indec) reported Wednesday in Buenos Aires, much to President Javier Milei's content and the bafflement of the population coping with an unmatching reality.
The inflation rate in France remained unchanged at 0.80% in April. The Consumer Price Index in France increased 0.60% in April over the previous month. This price increase is mainly explained by the increase in the prices of services (+1.
There was a rather strong base effect contribution in April 2025. Between March 2024 and April 2024, the WPI inflation had spiked from 0.26% to 1.19%. This was a key factor in the WPI inflation for April 2025 falling sharply by 120 basis points to 0.