The U.S. Consumer Price Index (CPI) for April exceeded expectations, with a year-over-year increase of 3.8%, surpassing the anticipated 3.7%. Additionally, the Core CPI, which excludes food and energy prices, rose by 0.4% month-over-month, doubling the expected 0.2% increase. These figures suggest persistent inflationary pressures in the U.S. economy.
U.S. CPI Rises Above Expectations in April
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