pode

The consumption growth rate in the United States slowed in April, with inflation falling to a four-year low
On May 30, Jinshi Data reported that data shows that after experiencing the strongest month of consumption since early 2023, U.S. consumers began to slow down their spending in April, while inflation remained mild, which aligns with the situation of economic slowdown. Compared to the same period last year, the annual rate of the core PCE price index in the U.S. for April recorded 2.5%, the smallest annual increase in more than four years. This data reveals the potential anxiety among many U.S. consumers regarding the economy after the weakest consumption quarter in nearly two years. Although the high tariffs on imported goods have not yet been widely reflected in the rise of commodity prices, consumer sentiment has significantly declined, and personal financial prospects are at historically low levels. Another piece of data released on Friday showed that due to the largest decline in import volume in history (a 19.8% month-on-month decrease in goods imports, the largest recorded drop), the U.S. goods trade deficit narrowed significantly in April.