US consumer prices fell 0.4 percent in April, driven by a sharp fall in gasoline and other energy prices, the Labor Department said Thursday. Food prices were barely higher and core prices -- excluding food and energy -- were up just 0.1 percent, confirming earlier indications from wholesale prices that there is little inflationary pressure in the US economy, despite the Federal Reserve's huge stimulus program. The consumer price index was up just 1.1 percent year on year, the slowest 12 month pact since June 2011. Food prices rose 1.5 percent while the energy index fell 4.3 percent.
GMT 13:21 2018 Thursday ,06 December
China demands Canada release Huawei's chief financial officerGMT 16:16 2018 Sunday ,07 October
Yemeni rebels seize 10 cargo vessels, oil tankersGMT 13:31 2018 Tuesday ,25 September
Gaza collapse put Palestinian basic needs at riskGMT 18:43 2018 Thursday ,20 September
Russian PM does not rule out expansion of trade warsGMT 08:09 2018 Tuesday ,23 January
French court throws out tax fraud case against JP MorganGMT 08:52 2018 Wednesday ,17 January
EU parliament calls for ban on electric pulse fishingGMT 09:20 2018 Tuesday ,16 January
Strikes as Greece adopts industrial action revampGMT 04:50 2018 Saturday ,13 January
Greece strikes cause transport chaos, healthcare delaysMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor