- Inflation cooled to 2.3% in April, its lowest in 4 years. Falling prices for groceries, cars, and flights offset tariff pressures.
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- Producer prices fell in April by the most in 5 years, as companies absorbed tariff costs instead of passing them on to consumers.
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- Retail sales rose just 0.1% in April after a March surge. Consumers pulled back amid tariff uncertainty and growing economic pessimism.
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