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The pace of price increases in the US showed signs of slowing last month, after a streak of higher-than-expected inflation data had stoked concerns about the world's largest economy. Consumer prices rose 3.4% in the 12 months to April, down from 3.5% for the month before, the Labor Department said. Higher rents and petrol costs accounted for the majority of ...
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The U.S. Census Bureau announced the following new manufacturing and trade statistics for March 2024. The combined value of distributive trade sales and manufacturers’ shipments for March, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,858.0 billion, down 0.1 percent (±0.2 percent)* from February 2024 and ...