Us Cpi April 2024. The consumer price index was expected to increase 3.4% from a year ago, according to the dow jones consensus estimate. Here are the key takeaways from the us cpi report for april released wednesday:

The annual increase in consumer prices has slowed from a peak of. Inflation in april likely ran hot and remained well above the federal reserve’s 2% target, effectively pushing back when the central bank could begin cutting its benchmark interest rate.