Data released moments before by the Bureau of Labor Statistics in the United States showed that the Consumer Price Index (CPI), which measures inflation, decreased by 0.3% on a monthly basis in April, after rising by about 1.2% in March, to come better than expectations that indicated a decline to 0.2%, while the index rose The core, excluding food and energy prices, rose to 0.6%, compared to 0.3% in February.
On the other hand, the annual index declined over the past 12 months in April to 8.3% from 8.5% in March, retreating from its highest pace since 1981, while expectations indicated a decline to 8.4%, while the annual core index declined to 6.2% from 6.5% (expectations at 6%).
In the details of the index, the food index recorded a growth of 8.3% on an annual basis from 8.8, and a rise of about 0.3% in April, while the energy index declined by -2.7 percent in April from 11% in March and fell to 30.3% on an annual basis.
02/11/2024
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