Here’s the inflation breakdown for April 2025 – in one chart

News Snapshot:

Shipping containers are offloaded from a cargo ship at PortMiami on April 15, 2025 in Miami. Joe Raedle | Getty Images Inflation retreated again in April on the back of lower prices for consumer staples like groceries and gasoline, and other items such as used cars and clothing. The consumer price index, a key inflation gauge, rose 2.3% in April from 12 months earlier, down from 2.4% in March, the Bureau of Labor Statistics reported Tuesday. It was the smallest annual increase since February 2021, just before pandemic-era inflation started to pop. However, economists warn it's not a matter of...