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Inflation in the U.S. dropped by a tenth in April, to 2.3% year-on-year.

Washington (EFE).- The Consumer Price Index (CPI) of the United States moderated in April to 2.3% year-on-year, which represents a decrease of a tenth compared to the March figure and is the lowest rate since February 2021, the Bureau of Labor Statistics (BLS) reported on Tuesday.

The figure is lower than expected by analysts, who anticipated seeing the effects of the tariff war initiated by President Donald Trump, who on Monday reached a truce with China and reduced his tariffs from 145% to 30% to achieve a lasting trade agreement.

Month-on-month inflation increased by 0.2%, following a decrease of 0.1% in March, which could represent the first possible indication of the future influence of tariffs, according to experts.

Housing and energy index rises

The housing index increased by 0.3% in April, which represents more than half of the monthly price increase.

In the case of core inflation, which excludes the prices of fuel and food due to their volatility, it remained at 2.8%, the same index as March, considered the lowest level since March 2021.