U.S. Inflation Eased in April to 8.3% Annual Rate

U.S. consumer inflation eased in April to an annualized 8.3%, easing off its steepest price rally in four decades as energy prices adjusted.

The Labor Department’s consumer price index last month marked its first decline in eight months, from an annual rate of 8.5% in March. The CPI measures what consumers pay for goods and services.

https://www.wsj.com/articles/us-inflation-consumer-price-index-april-2022-11652218520?mod=pls_whats_news_us_business_f U.S. Inflation Eased in April to 8.3% Annual Rate

Edmund DeMarche

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