The U.S. consumer price index surged 8.3% in April as compared with a year ago, near the highest level in more than 40 years.
The U.S. consumer price index surged 8.3% in April as compared with a year ago, official data showed Wednesday, near the highest level in more than 40 years.
Shares on Wall Street declined on the back of the U.S. inflation report, with the tech-heavy Nasdaq Composite falling more than 3%. SINGAPORE — Shares in Asia-Pacific looked set for a lower start on Thursday following overnight losses on Wall Street — after data showed the consumer price index stateside in April remaining near the highest level in more than 40 yearsFutures pointed to a lower open for Japanese stocks. The Nikkei futures contract in Chicago was at 25,890 while its counterpart in Osaka was at 25,900. That compared against theAustralian stocks also appeared poised for a lower start, with the SPI futures contract at 7,010, against the
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Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highsBREAKING: CPI increased 8.3% in April from a year ago, more than the 8.1% estimate and near the highest level in more than 40 years.
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US inflation hit 8.3% in April but slows from 40-year highConsumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday.
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Death toll from explosion at Havana hotel rises to 40More bodies were pulled from the ruins of a luxury hotel in Cuba’s capital Monday, bringing the official death toll of a powerful explosion at the iconic building to 40.
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South Carolina teen trapped in 40-foot well rescued by firefighters after clinging to pipesA 14-year-old in South Carolina was rescued by firefighters after being trapped inside a 40-foot well.
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Plan for 40-day closure of A-1 Mountain Road Bridge over Interstate 40 in Flagstaff scheduled for May 2 - June 10
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Inflation Might Have Dipped Last Month in US After 40-Year HighThe government is expected to report Wednesday that consumer prices jumped 8.1% last month compared with a year earlier.
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