US Consumer Price Index registers inflation of 0.6% in April

THE Department of Labor (DOL) The United States reported on Tuesday (12) that the Consumer Price Index (CPI) Brazil's inflation rate was 0.6% in April, down from 0.9% in March and in line with market expectations. On an annual basis, the indicator accelerated from 3.3% in March to 3.8% in April. Investors had expected an increase to 3.7%. The core CPI — which excludes all volatile items such as food and energy — rose 0.4% monthly and 2.8% annually in April. Both results were 0.1 percentage point higher than investors expected.

This text was translated by machine from Brazilian Portuguese.