Broken down by category, some of the sectors most impacted by tariffs saw a price decline from last month, including apparel and used cars and trucks.

According to the Bureau of Labor Statistics, inflation rose by 2.3% year over year and 0.2% month over month in April, the slowest pace since 2021. NBC News’ Brian Cheung and Investopedia’s editor-in-chief Caleb Silver break down the latest economic numbers.

U.S. consumer price inflation eased again last month, suggesting little impact from President Donald Trump's tariff regime heading into the second quarter. The Commerce Department pegged its headline Consumer Price Index for April at an annual rate of 2.

According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.3% year-over-year, down from 2.4% in March and lower than the expected 2.4% growth.

Inflation slowed to the lowest point in four years last month, but progress in reining it in will likely end there as higher tariffs start to push up the cost of consumer goods. The consumer price index climbed 2.

The consumer price index shows inflation has eased to 2.3%, but experts warn that upcoming tariff effects could soon increase prices on essential goods.

The crypto market stood at $3.4 trillion as the Consumer Price Index (CPI) in April stood at 2.3% over the last 12 months, the Bureau of Labor Statistics reported on May 13. The Federal Reserve has set an inflation target of 2%. As per Kraken's price feed, Bitcoin was trading at $103,587 at press time.

Shelter costs, the consumer price index’s measure of how much people pay for housing, were up again last month. The sector, a persistently inflationary category, is proving a headache for economists and Fed officials looking to rein in price growth.

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report