Institution: The rise in the US CPI in April may accelerate.

GateUser-6433627c · 2025-05-06T14:37:40+00:00

On May 6th, market institutions are preparing for higher inflation. Economists point out that the rise in consumer prices in April may accelerate, with the April CPI month-on-month expected to rise by 0.2%, and the year-on-year rate dropping to 2.3%. The core CPI year-on-year rate is expected to remain at 2.8%. Tariffs have become a reality, and the rising import costs are expected to affect consumer prices.

GateUser-6433627c

2025-05-06 14:37:40

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On May 6, tariffs are prompting market institutions to prepare for higher inflation. Wells Fargo economists wrote ahead of next week’s U.S. CPI report that consumer prices in April may rise at an accelerated pace. They expect the April CPI month-over-month rate to rise by 0.2% after an unexpected decline of 0.1% in March. Economists say this will bring the CPI year-over-year rate down to a four-year low of 2.3%. They expect the core CPI year-over-year rate to remain unchanged at 2.8%. They stated that as tariffs have already become a reality, “we believe that higher import costs will impact consumer prices; it’s just a matter of time.” (Jin10)

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