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KPMG’s assessment matches mine: The consumer price index (CPI) rose 0.3% in April, a touch lower than the consensus expectation of 0.4%. Higher energy prices and shelter costs fueled the rise in inflation. Gasoline prices increased 2.8% after rising by 1.7% in March. There was a slight moderation...
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KPMG’s assessment matches mine: The consumer price index (CPI) rose 0.3% in April, a touch lower than the consensus expectation of 0.4%. Higher energy prices and shelter costs fueled the rise in inflation. Gasoline prices increased 2.8% after rising by 1.7% in March. There was a slight moderation in housing costs, 0.2% versus 0.4% in the prior month, although with an asterisk. Shelter costs rose 0.4%, the same as in recent months, still not showing the cooling. Instead, a 0.3% drop in fuel and utility costs for housing contributed to the moderation in overall housing costs. Food prices were unchanged, essentially flat over the past three months. The CPI index rose 3.4% from a year ago in April, down from 3.5% in March.
The trendlines are headed in the right direction. The problems are worldwide not strictly domestic.
Tik Tok is not owned by the Chinese Communist Party but there's credible evidence to suggest the party has access to user personal data....
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Tik Tok is not owned by the Chinese Communist Party but there's credible evidence to suggest the party has access to user personal data....
I found the questions poorly worded with odd choices. Even “holding steady” had an air of desperation about it…
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I found the questions poorly worded with odd choices. Even “holding steady” had an air of desperation about it…