
Quick Review of the U.S. April CPI
In April, the U.S. CPI increased by 2.3% year-on-year, lower than the expected value of 2.4%, marking the third consecutive month below expectations, with the previous value growing by 2.4%; the U.S. core CPI in April increased by 2.8% year-on-year, in line with expectations, with the previous value also growing by 2.8%. The CPI report shows that prices for air tickets, used cars, and clothing have decreased, but prices for imported furniture and appliances have risen. The impact of tariffs on inflation remains uncertain, as companies may wait until their inventory is depleted before passing on costs, and the Federal Reserve has also kept interest rates unchanged due to this uncertainty