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US Inflation Cools Down in April for the First Time in 2024

US Inflation Cools Down in April for the First Time in 2024 US consumer prices cooled slightly in April, marking the first decline this year. Data suggests that inflation has resumed its downward trajectory in the second quarter. The Consumer Price Index (CPI) increased by 0.3% in April compared to the previous month, driven by higher housing costs and gasoline prices, while food prices remained unchanged. The annual inflation rate slowed to 3.4%. In April, housing prices climbed by 0.4%, while gasoline prices shot up by 2.8%. Food prices were unchanged, and prices at the supermarket fell by 0.2%, with eggs dropping by 7.3%. Meat, fish, fruits, vegetables, and nonalcoholic beverages were also cheaper. --- US | Inflation | Consumer Price Index | Food Prices | Housing Costs | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News #usa #inflation #usinflation #consumerpriceindex #foodprices #housingcosts #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    / @firstpost   Follow Firstpost on Instagram:   / firstpost   Follow Firstpost on Facebook:   / firstpostin   Follow Firstpost on Twitter:   / firstpost   Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029...