Inflation slows with headline CPI at +2.3% Y/Y, lowest since Feb 2021. Click for more on the data and what it may mean for the markets.

The Consumer Price Index (CPI) rose 1.7% year over year in April, down from a 2.3% increase in March. The slowdown in April was driven by lower energy prices, which fell 12.7% following a 0.3% decline in March.

The April index for bread was 241, up 1.6% from March and up 1.9% from a year ago. Under this heading, the CPI for white bread was 435.2, up 1.5% from March and up 1.6% from April 2024. For bread other than white, the index was 470, up 1.7% from March and up 1.9% from a year ago.

Wholesale prices took their largest month-to-month dive in April since the height of the coronavirus pandemic amid President Trump’s ongoing trade war. The producer price index (PPI), a measure of

Despite soft April inflation data, rising tariffs are starting to pressure margins, prices, and Fed policy. A summer rebound in consumer inflation is likely as businesses begin passing costs to consumers.

Consumer prices rose 2.4 per cent for the year to April, according to the Australian Bureau of Statistics. It is the third month in a row that headline inflation rate has remained steady.

Investing.com-- Japanese consumer price index inflation grew more than expected in April after a bumper springtime wage hike helped boost private spending and offset headwinds from higher U.S. trade tariffs.

KUALA LUMPUR: Malaysia's consumer price index rose 1.4% in April from a year earlier, government data showed on Thursday. The rise was in line with economists' forecast in a Reuters poll and matched the rate of the previous month. - Reuters