Consumer Price Index April 2024 Us. In contrast, the index for natural gas fell 2.9 percent in april, and the index for electricity decreased 0.1 percent over the month. Inflation eased as smaller gains in services (e.g., food services) costs offset the continued strong rises in rent and gasoline prices.
The flat reading in the personal consumption expenditures (pce) price index last month followed an unrevised 0.3% gain in april, the commerce department’s bureau of economic analysis said on. The bank projects that inflation will stay around 3% into the second quarter of 2024, ease below 2.5% in the second half of the year and return to target in 2025.
Inflation In June Will Potentially Follow That Reported In May 2024.
Us consumer price index (i:uscpi) 313.22 for may 2024
_____ The Consumer Price Index For April 2024 Is Scheduled To Be Released On Wednesday, May 15, 2024, At 8:30 A.m.
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The Personal Consumption Expenditures Price Index โ A Closely Watched Inflation Gauge That The Federal Reserve Uses For Its 2% Target โ Was Unchanged From April And Slowed To 2.6% For The 12.
The increase was driven by a 2.8% gain in gasoline prices as natural gas and electricity prices fell.
The Consumer Price Index (Cpi), Which Measures Changes In Prices Paid By Consumers For Goods And Services, Was Released Earlier Today For The Month Of March And Showed An Increase M/M Of +0.4% And +3.5% Y/Y Vs.
_____ the consumer price index for april 2024 is scheduled to be released on wednesday, may 15, 2024, at 8:30 a.m.