Data released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.4% in April after rising by 0.1% in March, matching expectations, while the core index, excluding food and energy prices, came at 0.4% with the same reading. March .
On the other hand, the annual index rose over the past 12 months to 4.9% from 5.0% in March, while expectations were stable at 5%.
The annual basic index excluding food and energy prices rose to 5.5% on an annual basis in April from 5.6%. In the details of the index, the food index recorded a growth of 7.57 on an annual basis from 8.5%, while the energy index decreased by 5.1% in April after a decline of about 3.5 in March.