CPI in April, Consumer Price
Digest more
inflation, April
Digest more
Inflation rose slightly less than expected in April despite the arrival of President Donald Trump's sweeping international tariffs early in the month, according to a Bureau of Labor Statistics report on Tuesday.
Consumer Price Index: +0.2% vs. +0.3% consensus and -0.1% prior, according to data released by the Bureau of Labor Statistics on Tuesday.
The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.
Canada's Consumer Price Index (CPI) growth slowed significantly in April. CPI fell to 1.7 per cent last month, following a 2.3 per cent increase in march. Despite that sudden cooldown, it was slightly higher than the 1.6 per cent predicted by economists before the announcement from Statistics Canada.
As inflation continued to cool in April, hitting its lowest level in over four years, shelter costs remained sticky, strongly contributing to the latest Consumer Price Index (CPI) reading. The index for shelter rose 0.
The latest Consumer Price Index report for April showed a slowing in inflation to 2.3% year over year, the lowest rate in four years.
The core consumer price index (CPI), which includes oil products but excludes fresh food prices, was expected to have climbed 3.4% in April from a year earlier, a poll of 19 economists showed on Friday. That figure was the highest since April 2023 and compared with 3.2% in March.
The April index for bread was 241, up 1.6% from March and up 1.9% from a year ago. Under this heading, the CPI for white bread was 435.2, up 1.5% from March and up 1.6% from April 2024. For bread other than white, the index was 470, up 1.7% from March and up 1.9% from a year ago.