The US client value index was launched final month and rose 4.9% in comparison with the identical month final yr. The fee of improve fell beneath the earlier month for the tenth consecutive month, reaching the 4% degree for the primary time in two years since April. The Federal Reserve Board, the central financial institution, has been elevating rates of interest quickly since March final yr, however inflation is exhibiting a downward development.
Source
US client value index rose 4.9% year-on-year in April, reaching the 4% degree for the primary time in two years | NHK
