A shopper in Greenville, New York, April 30, 2023.
Robert Nickelsberg | Getty Images News | Getty Images
The consumer price index, a key barometer of inflation, increased 4.9% in April versus a year ago. That is the smallest annual reading since April 2021, the U.S. Bureau of Labor Statistics, or BLS, said Wednesday.
The index also fell from 5% in March, marking the 10th consecutive month of declines.
More from Personal Finance:
What debt ceiling standoff means for money market…