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Rate of inflation cooled

  • Consumer prices increased by 0.2% in April 2025, continuing the trend of slowing inflation, with a 2.3% rise compared to the previous year.
  • This slowdown occurred despite ongoing tariffs imposed during the Trump administration, which have not fully impacted prices yet due to timing and behavior.
  • Ernie Tedeschi of Yale Budget Lab explained tariffs were not active for all of April and anticipation led consumers and businesses to buy before prices rose.
  • A Yale Budget Lab report estimates tariffs will raise prices by 1.7% soon, increasing average household costs by about $2,800 annually, with evidence expected in upcoming CPI data.
  • The latest figures suggest inflation has eased since February 2021, but tariff effects may cause future increases as policies continue to develop.
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  • 52% of the sources are Center
52% Center
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thepublicsradio.org broke the news in on Tuesday, May 13, 2025.
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