The main US stock indexes are growing by more than 1% on Wednesday after the publication of statistics on inflation in the country. Annual inflation in April slowed for the first time in eight months – to 8.3% from 8.5% a month earlier. At the same time, experts predicted that in April the CPI will grow by 8.1% year-on-year. On a monthly basis, consumer prices increased by 0.3%. The main contribution to the slowdown in inflation was made by a slightly cheaper fuel. Prices for food, housing and cars continued to rise. Against this background, the Dow Jones Industrial Index (DJIA) increased to 32584.02 points, the NASDAQ index of high-tech companies – to 11,844.51 points, the S&P 500 broad market index – to 4,049 points. At the same time, analysts note that the atmosphere in the markets remains tense due to the presence of several negative factors at once: the increase in interest rates by regulators in different countries, the next covid quarantines in China, and inflation still remains high. With only one of these factors present, the situation would be more optimistic, economists say.
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