China Tariff Effect! Consumer prices rise 0.1% in smallest bump in 4 months

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Inflation tame: Consumer prices rise 0.1% in smallest bump in 4 months, CPI shows
By Jeffry Bartash
June 12, 2019

The consumer price index rose a scant 0.1% in April, the Bureau of Labor Statistics said Wednesday, matching the MarketWatch forecast. It was the smallest increase since January.

More notably, the increase in the cost of living over the past 12 months slowed to 1.8% from 2%. The rate of inflation has tapered off from nearly 3% since last summer.

Another closely watched measure of inflation that strips out food and energy also advanced a meager 0.1% last month. . . .

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