Us CPI rose 4.9 per cent year-on-year in April below market expectations

[us April CPI rose 4.9% year-on-year lower than market expectations] May 10, the United States CPI rose 4.9% year-on-year, falling for the 10th consecutive time, the lowest since April 2021, estimated at 5.0%, the previous value of 5.0%. Us CPI rose 0.4 per cent month-on-month in April, compared with an estimated 0.4 per cent and a previous value of 0.1 per cent. Us core CPI rose 5.5 per cent in April from a year earlier, compared with an estimated 5.5 per cent and a previous value of 5.6 per cent.