April CPI Looking Good
Source: SeekingAlpha
2025-05-13 20:20:00 ET
Summary
- The ex-shelter version of the CPI has increased by 2.3% or less for the past 24 months (since May 2023), and it has averaged a mere 1.7% per year for almost two years.
- In the past year, overall inflation was 2.3%, and ex-shelter inflation was only 1.4%.
- It's worth noting also that the April figures included the impact of some of Trump's tariffs, which resulted in higher prices for some imported goods.
A quick update to my favorite CPI chart, following today's release of the April numbers:
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April CPI Looking Good
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