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12.05.26 - 23:00
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Higher food prices drive April retail inflation to 3.5% (Times of India)
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Retail inflation edged up to 3.5% in April, driven by a rise in food prices. While fuel inflation slowed, restaurant services saw a significant price jump due to higher LPG costs. Consumer durables like cars and air conditioners, however, became cheaper. Experts note upside risks to the inflation outlook despite the softer-than-expected reading....
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12.05.26 - 18:06
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US Inflation Accelerates as Gas, Food Prices Climb (Bloomberg)
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US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers.
Eric Winograd, Chief US Economist at AllianceBernstein, reacts to the CPI data. (Source: Bloomberg)...
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12.05.26 - 15:01
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US Inflation Driven Higher in April by Gasoline, Food (Bloomberg)
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US inflation accelerated in April amid an ongoing climb in gasoline prices and a jump in the cost of groceries. The consumer price index rose 3.8% from a year earlier, the fastest pace since 2023, while the core CPI, which excludes food and energy, increased 0.4% from a month earlier and 2.8% from a year earlier. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)...
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