The U.S. CPI rose by 2.3% year-on-year in April, compared with the expected 2.4% and the previous value of 2.4%. The U.S. CPI rose by 0.2% month-on-month in April, compared with the expected 0.3% and the previous value of -0.1%. The core CPI in the United States rose by 2.8% year-on-year in April, compared with the expected 2.8% and the previous value of 2.8%. The core CPI in the United States rose by 0.2% month-on-month in April, compared with the expected 0.3% and the previous value of 0.1%.

The above data shows that the US CPI in April was lower than expected, while the core CPI data was in line with expectations. Obviously, from the data perspective, the inflation data of the United States in April remained stable. Economists have warned that this could be the last period of calm before the trade war launched by Trump could lead to a soaring consumer price.