US CPI increased 0.2% in April

Haresh Menghani FXStreet

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in April on a seasonally adjusted basis after rising 0.2 percent in February, the US Bureau of Labor Statistics reported today.

Key highlights:

• The index for all items less food and energy rose 0.1 percent in April.

• The all items index rose 2.5 percent for the 12 months ending April; this figure has been mostly trending upward since it was 1.6 percent for the period ending June 2017.

• The index for all items less food and energy rose 2.1 percent for the 12 months ending April.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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