Yulia Slavina

Nick Timiraos: Core CPI rises 0.376 percent in April as inflation trend remains steady

Nick Timiraos: Core CPI rises 0.376 percent in April as inflation trend remains steady
Core CPI rises as inflation steady

Nick Timiraos, chief economics correspondent at Wall Street Journal, reports that core CPI increased by 0.376 percent in April, with the 12-month measure rounding up to 2.8 percent (2.7502 percent).

According to Timiraos, core CPI has largely remained flat since October, despite appearing lower in some months due to a data gap linked to the government shutdown.

Timiraos previously reported that the Iran war drove global supply chain index higher in April. He also covered comments on the Powell Fed facing the worst inflation in 48 years and concerns over central bank ethics. These topics follow ongoing coverage of inflation and economic pressures.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.