CPI: Inflation rose 0.2% in Apr., 2.3% on year
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The Federal Reserve will have little reason to change its wait-and-see stance as a result of April's inflation reading from the consumer-price index. The figures were largely in line with the expectations of forecasters who closely track how the Labor Department measures inflation.
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.
German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data.
Germany's consumer price inflation was confirmed at 2.1% in April 2025, the lowest since October 2024, marking the second straight month of moderating inflation. Inflation in goods eased sharply to 0.
A new report showed inflation eased in April but it may be the last good report the country sees before the impact of President Trump's tariffs hit the economy. NBC News' Christine Romans explains more.
Spain's European Union-harmonised 12-month inflation rate remained at 2.2% in April from the period through March, final data released by the National Statistics Institute, or INE, showed on Wednesday.
Inflation slowed to the lowest point in four years last month, but progress in reining it in will likely end there as higher tariffs start to push up the cost of consumer goods. The consumer price index climbed 2.
The crypto market stood at $3.4 trillion as the Consumer Price Index (CPI) in April stood at 2.3% over the last 12 months, the Bureau of Labor Statistics reported on May 13. The Federal Reserve has set an inflation target of 2%. As per Kraken's price feed, Bitcoin was trading at $103,587 at press time.