U.S. inflation slows for the first time since August

Prices increased in April but at a slower rate than previous months.

By Isabelle Earl
inflation
A man looks at beef in the meat department at Lambert's Rainbow Market, on June 15, 2021 in Westwood, Mass. Charles Krupa/Associated Press
inflation
A man looks at beef in the meat department at Lambert's Rainbow Market, on June 15, 2021 in Westwood, Mass. Charles Krupa/Associated Press

U.S. inflation slows for the first time since August

Prices increased in April but at a slower rate than previous months.

By Isabelle Earl
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The U.S. inflation rate dipped to 8.3% in April, marking the first slowdown in eight months. Some experts say we’re past the peak of inflation but that upward pressures remain.

Reset discusses the latest numbers and hears from listeners about the impact they’re seeing on their wallets.

GUEST: Scott Horsley, NPR chief economics correspondent