U.S. consumer prices fell 0.8% in April, the biggest decline since the 2008 financial crisis, with the declines led by a huge drop in gasoline prices and in sectors most affected by the coronavirus shutdowns
WASHINGTON (AP) — U.S. consumer prices fell 0.8% in April, the biggest drop since the 2008 financial crisis, with decreases led by a huge drop in gasoline prices and from businesses most affected by
Wholesale prices fall record 1.3% in April, led by a plunge in cost for energy
US consumer prices fall 0.8% in April, biggest drop since 2008, with big declines for business ravaged by virus
We don't want to gazunder the seller, but also we don't want to harm our own finances and pay over the odds at a time of economic uncertainty.
U.S. consumer prices in April dropped by the most since the Great Recession, weighed down by a plunge in demand for gasoline and services as people stayed home during the coronavirus crisis.
CPI excluding food and energy prices slumped 0.4%, the steepest drop since records have been kept.
U.S. consumer prices in April posted their largest monthly decline since the last recession after energy prices collapsed and efforts to contain the new coronavirus disrupted demand for a wide array of goods and services.
Prices Americans paid for eggs, meat, cereal and milk shot higher in April as people flocked to grocery stores amid government lockdowns.
US core consumer price index, which excludes food and fuel costs, fell 0.4% in April, the largest monthly drop since 1957, according to a Tuesday report from the Labor Department.
In perhaps one of the brightest economic readings since the start of the pandemic, sales of newly built homes rose nearly 1% in April compared with March, according to the U.S. Census. While that may not seem like a lot, they were expected to fall 22%.