US CPI Inflation Falls To 4.9%

CPI REPORT

The post US CPI Inflation Falls To 4.9% appeared first on Coinpedia Fintech News

Based on the most recent data from the Bureau of Labor Statistics, the Consumer Price Index (CPI) indicated that inflation increased by 0.4% compared to the previous month and 4.9% compared to the same period last year in April. This represents a higher rate of growth compared to the 0.1% monthly increase observed in March, but a slightly slower pace of growth compared to the 5% annual gain in March.

Source: https://coinpedia.org/crypto-live-news/us-cpi-inflation-falls-to-4-9/