Source: Financial Associated Press
U.S. import prices in April unchanged from March inflation may show signs of peaking
[U.S. import prices flat in April and inflation may show signs of peaking]Financial Associated Press on May 13, as lower oil costs offset higher costs of food and other products, U.S. import prices in April were unexpectedly flat from the previous month . This may indicate that inflation may have peaked, but will remain high. Import, consumption and producer prices are likely to recover from the previous month as oil prices moved higher in May. Annualized inflation is expected to continue lower, but likely to remain above the Fed’s 2% target.Return to Sohu, see more
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posted on:Shanghai