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== Summary == | == Summary == | ||
[[File:CPI April.png|thumb|349x349px|https://www.bls.gov/news.release/pdf/cpi.pdf]] | |||
* U.S consumer price index rose 0.4% in April, in-line with estimates. <ref>https://www.bls.gov/news.release/pdf/cpi.pdf</ref> | |||
* Yearly, CPI rose 4.9%, the lowest level since April 2021 and below the 5.0% estimate. | |||
* Core CPI rose 0.4% in April, unchanged from March and also in-line with estimates. | |||
* Yearly, core CPI rose 5.5% versus 5.5% expected. - | |||
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=== Biggest Contributors === | === Biggest Contributors === | ||
* Biggest Increases in shelter(+0.4% m/m), gasoline(+3% m/m) and used vehicles(+4.4% m/m) | |||
* Biggest declines in prices for fuel oil(-4.5% m/m), new vehicles(-0.2% m/m) and food at home(-0.2% m/m). | |||
=== Categories watched by the FED === | === Categories watched by the FED === |