Real Estate

Inflation breakdown for April 2023 in one chart


A shopper in Greenville, New York, April 30, 2023.

Robert Nickelsberg | Getty Images News | Getty Images

Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade highs and costs for household staples appear to be in retreat.

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.

related investing news

The latest inflation readings are expected to show that prices are still rising


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…


0 0 votes
Article Rating

Inflation rose in April 2023

Previous article

Disney (DIS) earnings report Q2 2023

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Real Estate