Numbers came in lighter than expected…
The Bureau of Labor Statistics reported Tuesday that consumer prices rose just 0.2% in April compared to March, marking an annual increase of 2.3%—the lowest yearly inflation since February 2021.
These figures came in slightly cooler than economists expected. Analysts polled by LSEG anticipated a 0.3% monthly increase and a 2.4% annual rate.
April’s mild rise follows an unexpected 0.1% dip in March.
Core prices—excluding volatile food and gasoline—also climbed 0.2% monthly, slightly below forecasts. On a yearly basis, core inflation hit 2.8%, matching predictions.
Headline inflation stayed flat in April, though the monthly rise edged up from March’s modest 0.1% bump.
Watch the clips below:
JUST IN: April’s inflation report came in below expectations for the third straight month.
Grocery prices saw their largest decline in nearly five years.
Gas prices fell for the third month in a row. pic.twitter.com/AgsyV6efkF
— Rapid Response 47 (@RapidResponse47) May 13, 2025
🔥🚨 YOU LOVE TO SEE IT: Even CNN has to admit that inflation is at its LOWEST since 2021. pic.twitter.com/dRB4LsUipV
— Proud Elephant 🇺🇸🦅 (@ProudElephantUS) May 13, 2025
This story is developing…