US inflation accelerated to 2% in April


The US Department of Labor released inflation data in April. Consumer prices rose by 2% over the year, pointing to accelerated inflation relative to price increases of 1.9% in March, and noting its highest level since November 2018. According to experts, the acceleration was expected to 2.1%. Consumer prices increased by 0.3% compared to the previous month, when there was an increase of 0.4%. Experts had predicted a rise in prices of 0.4%. The indicator, which does not take into account energy and food prices, increased by 0.1% relative to March. For the year, its growth was 2.1%. Energy for the month went up by 2.9%. Gasoline prices rose by 5.7%. At the same time, food prices dropped by 0.1%, medical care - by 0.3%. Falling prices for clothes are observed in the country for the second month in a row. In April, they dropped 0.8% after falling 1.9% a month earlier. Last month, growth in real hourly wages of US citizens was recorded at 1.2% in annual terms.

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