Updated
Updated · Bloomberg · May 9
Economists predict sharp rise in April US consumer prices
Updated
Updated · Bloomberg · May 9

Economists predict sharp rise in April US consumer prices

5 articles · Updated · Bloomberg · May 9
  • A Bloomberg survey median estimate points to a 0.6% CPI increase, with the Bureau of Labor Statistics due to publish April data on Tuesday.
  • The expected jump, driven partly by rising petrol prices, would add pressure on US household budgets and reinforce public frustration over inflation.
  • It follows March's biggest monthly CPI advance since 2022, suggesting inflation may remain stubborn despite hopes for easing price pressures.
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