Key points of the April CPI report in the United States

1. Inflation rate drops to a new low in recent years - overall CPI annual rate falls to 2.3%, while core CPI annual rate remains steady at 2.8%. Both indicators mark the slowest growth since the widespread inflation outbreak in the spring of 2021. 2. Monthly growth rate lower than expected - both overall CPI and core CPI rose by 0.2% on a monthly basis, lower than the market expectation of 0.3%. As usual, the increase in housing costs accounted for more than half of the overall monthly increase; while household goods, medical care, and car insurance prices drove the rise in core monthly rate. 3. Initial impact of tariffs emerging but not yet significant - the sharp rise of 8.8% in household goods and audio equipment prices may preliminarily reflect the impact of tariffs, but economists say the overall impact still needs to be observed, and subsequent data may more clearly reflect the impact of tariffs. 4. Diverging trends in food and energy prices - grocery prices in the U.S. dropped by 0.4% in April, with egg prices plummeting by 12.7%, marking the largest decline since 1984. This confirms some of Trump's claims, but the 0.7% increase in energy costs contradicts his stance. After seasonally adjusting, gasoline prices slightly decreased, while natural gas prices saw a significant jump. 5. Market reacts mildly to data - after the release of CPI data, spot gold prices briefly rose before falling back, U.S. bonds continued their upward trend with limited volatility; the three major U.S. stock indexes showed mixed reactions at the opening, followed by sustained volatility, with the Nasdaq rising by over 1%.