The tariff wars aren't blowing up U.S. prices just yet, at least not based on April's official data. But wait for it, say economists.
Here were the numbers:
- CPI m/m: 0.2% (est. 0.3% | prior -0.1%)
- CPI y/y: 2.3% (est. 2.4% | prior 2.4%)
- Core CPI m/m: 0.2% (est. 0.3% | prior 0.1%)
- Core CPI y/y: 2.8% (est. 2.8% | prior 2.8%)
Here's what analysts said: