Saturday May 25, 2024

An Independent Progressive Media Outlet

FacebookTwitterYoutube
Newsletter
News Feeds:
Inflation fell in April to 3.4 percent, reverses trend PDF Print E-mail
News
Written by The Hill Press   
Wednesday, 15 May 2024 10:29

costs-food-2024Job growth has remained strong, the jobless rate has lingered under 4 percent for the longest stretch since the 1960s.


WASHINGTON - Inflation slowed down in April after several months of faster-than-expected price increases, according to data released by the Labor Department.

The consumer price index (CPI), a closely watched inflation gauge, rose 0.3 percent in April and 3.4 percent over the previous 12 months, in line with economist expectations.

Read the developing story here

 
Tweet With Us:

Share

Copyright © 2024. Green Bay Progressive. Designed by Shape5.com