The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor Statistics said Tuesday.

U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the smallest annual increase in four years, but the inflation outlook remains unclear against the backdrop of tariffs.

Inflation expectations continue to rise in April as businesses and consumers navigate the choppy waters of the Trump administration’s tariff policy. The reversals of policy probably mean that some of the anticipation of higher prices will ebb in the near ...

According to a new report, fast-food figures have continued to drop in 2025 as consumers battle price inflation and broader economic uncertainty.