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U.S. April CPI Year-Over-Year Rate Exceeds Expectations, Reaches May 2023 High

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The U.S. April CPI year-over-year rate rose to 3.8%, the highest since May 2023, exceeding the expected 3.7%. The seasonally adjusted core CPI monthly rate reached 0.4%, above the forecast of 0.3% and the prior 0.20%. The unadjusted core CPI year-over-year rate increased to 2.8%, surpassing the expected 2.70% and previous 2.60%. The crypto market’s Fear & Greed Index remains sensitive to inflation data, with traders closely monitoring for further policy signals.

Odaily Planet Daily report: The U.S. April unadjusted year-over-year CPI came in at 3.8%, the highest level since May 2023 and above the market expectation of 3.7%.

The U.S. April seasonally adjusted core CPI monthly rate came in at 0.4%, above the expected 0.3% and the prior value of 0.20%.

The U.S. April unadjusted CPI annual rate came in at 3.8%, above the expected 3.7% and compared to the prior value of 3.30%.

The U.S. April year-over-year core CPI, unadjusted, came in at 2.8%, above expectations of 2.70% and compared to a prior value of 2.60%. (Jin10)

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