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US Consumer Price Index (CPI) for April 2024 is projected to rise 3.4% year-over-year
Last month (March 2024), the consumer price index increased by 3.5% (year-over-year, not seasonally adjusted), compared to the median estimate of 3.4%. Over the past 12 months, the increase in the CPI has surpassed the median estimate in 6 months, matched the median estimate in 1 month, and fallen short of the median estimate in 5 months. Over the past 5 years (60 months), the increase in the CPI has surpassed the median estimate 53% of the time, matched the median estimate 15% of the time, and fallen short of the median estimate 32% of the time. The median estimate of 3.4% is based on 11 estimates collected by ... (full story)