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inflation data

inflation data latest

Oil prices rise by 2% after US inflation data
April 13th, 2023 - 05:47 GMT

Oil prices up 2% after US inflation data

ALBAWABA - Oil prices rose by around 2 percent during Wednesday's trading after U.S. inflation data revealed a decline in consumer prices in the United States for the ninth consecutive month. The annual inflation rate slowed to 5 percent in March, from 6 percent in February, the lowest level since May 2021, according to the U.S. Bureau of Labor Statistics. These figures supported speculations of the possibility of the Federal ...
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