German inflation eased further to 2.2% in April, the federal statistics office said on Wednesday, confirming preliminary data.

Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries.

Inflation rose less than expected in April, as prices rose 2.3% over the year, down from 2.4% in March. Prices for gas and groceries fell, but housing and eating at restaurants got more expensive. Inflation was slightly milder than forecasters had expected, before consumers faced the full brunt of President Donald Trump's import taxes.

The U.S. collected $7.6 billion more in customs duties in April than it did in March, the Treasury said Monday, as revenue from tariffs on imported goods ramped up sharply. Gross customs duties collected in April reached a monthly record of $16.

Wall Street's main indexes were subdued at the open on Tuesday, as investors assessed the latest inflation numbers and their impact on monetary policy after markets came off sharp gains from the temporary Sino-U.

Core inflation — which strips out energy and food prices, which can be volatile categories — was at 2.8% in April. "I think tariffs are the biggest question mark over the infl