CPI report: Inflation rose slightly in April as tariff impact looms

Published By Categorized as Interviews

The U.S. Bureau of Labor Statistics on Tuesday released it’s monthly Consumer Price Index report, which showed inflation rose 2.3% in April from a year ago. It comes as the impact of President Donald Trump’s tariffs, some of which have been paused, could loom ahead. But economists say the report suggests tariffs haven’t yet impacted prices for many items, and likely won’t be seen until June or July. The Labor Department also noted that the slightly uptick in consumer prices was down from 2.4% in March, representing the smallest increase in more than four years.

 

By Dan Varroney

3 decades of experience working with multiple Industries and understanding different Association challenges by helping build strategies that add long term value. Comprehensive understanding of Associations, as Senior Vice President for the National Association of Manufacturers’ National Membership & Grass Roots operation, as President of the American Solutions Advocacy organization, & as President and CEO of the Association for Corporate Growth. Considerable background on impact of legislative and regulatory policy on Industries, has provided analysis on economic performance and M&A trends in outlets that include CNBC, CNBC Europe, Fox News, Fox Business, Dow Jones Marketwatch, Bloomberg, and the BBC. Strategic perspectives are frequently sought out by CEO Update, a leading source for Association news and information. Authored over 145 blog articles on Strategic Planning & Member Engagement. Facilitates knowledge sharing among forty -five Association CEO’s at the Growth Strategies & Member Engagement Forum.  Served as a member of the Prince William County, Virginia Strategic Business Planning Team. District Three Councilman in the Village of Palatine, Cook County, Illinois, twenty one years. B.A. in American History from the Catholic University of America, Washington D.C. and earned a Certificate from the Yale School of Management, New Haven, Connecticut in Leadership and Team Effectiveness. Member of the American Society of Association Executives (ASAE).