The Consumer Price Index report covering April was released today. People have been anticipating that the tariff barrage will raise inflation at some point, as sellers add the tariff impact into their product price. Other factors also contribute to inflation concerns, such as money supply growth. The actual result was slightly lower than expected, so no clear signal of a surge in prices yet. Services price growth has slowed, contributing to the decline in the growth rate. Medical prices continue to do their part, as they rise faster than most other services or goods. The next few months will be very interesting to watch. (CPI Report)
