US Inflation Rate MoM (Apr) M/M 0.6% vs. Exp. 0.6% (Prev. 0.9%, Low. 0.4%, High. 0.9%); Unrounded: 0.640% M/M

The US inflation rate for April came in at 0.6% month-over-month, matching expectations and showing a moderation from the previous 0.9%.

Newsquawk StaffPublished On the live feed at 5 more headlines followed before this page went public
Newsquawk headlinesUTC

JD.com (JD) exec says due to rising memory costs, have seen industry wide price hikes for smartphones and PCs since March; in the short term electronics price hikes does dampen consumer demands to some extent

US CPI Core Goods & Services April (M/M SA, Y/Y NSA) + Supercore

US Inflation Rate MoM (Apr) M/M 0.6% vs. Exp. 0.6% (Prev. 0.9%, Low. 0.4%, High. 0.9%); Unrounded: 0.640% M/M

UK Transport Secretary Heidi Alexander is backing plans for Andy Burnham to return to parliament, The Times' Maguire reports

ADNOC CEO says the world is 1bln barrels short due to the Strait of Hormuz closure

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • The index for energy rose 3.8% in April, accounting for over 40% of the monthly all items increase.
Context

This stability in inflation data is mostly driven by a significant rise in energy prices, which accounted for a large portion of the monthly increase. The implications for policy may hinge on whether this trend persists, especially as energy costs can impact broader economic conditions.

Related headlines

The whole workspace, free to try.

Try it free