The unseasonally adjusted annual rate of the US CPI for April was 2.3%, a new low since February 2021, and the market expected 2.4%. The monthly CPI rate after the April seasonal adjustment was 0.2%, up from -0.1% last month, and lower than the 0.3% expected by the market.

The unseasonally adjusted annual rate of the US CPI for April was 2.3%, a new low since February 2021, and the market expected 2.4%. The monthly CPI rate after the April seasonal adjustment was 0.2%, up from -0.1% last month, and lower than the 0.3% expected by the market.