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US April Consumer Prices Rise 0.6%, Matching Market Forecast

Published: · Source: mk.co.kr

US April Consumer Prices Rise 0.6%, Matching Market Forecast
TL;DR: US consumer prices rose 0.6% in April, matching market expectations. The figure is a key inflation signal watched for the latest price trend in the US economy.
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US consumer prices rose 0.6% in April, according to the report. The figure matched market expectations. The consumer price index is a widely watched inflation measure that tracks changes in the prices of goods and services purchased by households. This release shows that the April increase in US consumer prices came in within the expected range. Market participants are likely to keep using the data to assess the direction of inflation. Source: mk.co.kr

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