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International Business Times
International Business Times
Business

US Consumer Inflation Cooled In April To Lowest Level Since 2021

Inflation United States Donald Trump the Labor Department
The price of US household furnishings and operations jumped in April (Credit: AFP)

US consumer inflation cooled slightly in April, figures showed Tuesday, coming in better than expected against a background of President Donald Trump's sweeping tariffs.

The data covers the period including introduction of Trump's new levies against most countries -- including steep duties on China -- which spooked financial markets and raised fears of a spike in prices.

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International Business Times UK
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