The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.

Annualized inflation eased to a 2.3 percent pace, the lowest since early 2021. But the month-to-month pace of inflation increased.

Consumer Price Index: +0.2% vs. +0.3% consensus and -0.1% prior, according to data released by the Bureau of Labor Statistics on Tuesday.

Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other items such as used cars and clothing. The consumer price index, a key inflation gauge, rose 2.3% in April from 12 months earlier, down from 2.4% in March, the Bureau of Labor Statistics reported Tuesday.

The Bureau of Labor Statistics' latest consumer price index report showed that inflation ticked slightly higher in April as tariffs begin to have an economic impact.

Here are the key points to know ahead of this morning's consumer-price index: This is the first CPI report that will capture the economic volatility sparked by President Trump's April 2 "Liberation Day" tariff announcements.

Prices for other foods declined in April. Inflation in the fresh fruits and vegetables group dropped by 0.7%, with lettuce and tomato prices both down by over 6%. Dried beans, peas and lentils, however, were up by nearly 6%, underscoring the volatile nature of food prices.

The Consumer Price Index (CPI) was 2.3% higher than a year ago, the Bureau of Labor Statistics said Tuesday, below the economists’ expectations of 2.4% and the previous reading. The monthly gain was 0.

Inflation was slightly lower than expected in April as President Donald Trump's tariffs just began hitting the slowing U.S. economy, according to a Labor Department report Tuesday.

JERUSALEM (Reuters) -Israel's annual inflation rate rose unexpectedly in April to 3.6%, according to data on Thursday from the Central Bureau of Statistics that will likely keep policymakers from reducing interest rates soon.

The inflation rate in France remained unchanged at 0.80% in April. The Consumer Price Index in France increased 0.60% in April over the previous month. This price increase is mainly explained by the increase in the prices of services (+1.