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Bangkok Post
Bangkok Post
Business

RARE PHOTOS: Us inflation down only marginally | Vintage Vibes

The US consumer inflation rate in April was 4.9%, well above pre-pandemic levels. (Photo: AFP)

WASHINGTON: Consumer inflation in the United States nudged down only slightly in April, the Labor Department said on Wednesday, despite strong efforts to cool the economy and rein in price increases.

The latest number signals that price pressures remain, although it marks a step in the right direction and the smallest annual rise in two years.

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