US CPI was weaker than expected at 0.3% in April. Bitcoin price rises to 63.7 thousand

The US monthly #التضخم pace declined in April, according to the government's #المستهلك price index (#CPI), rising 0.3% versus 0.4% in March and economists' expectations of 0.4%.

The rest of the report also showed slight declines in line with expectations. On an annual basis, the CPI rose 3.4% versus estimates of 3.4% and 3.5% in March. The core CPI - which excludes food and energy costs - rose 0.3% in April versus estimates of 0.3% and 0.4% in March. On an annual basis, core CPI rose 3.6% versus expectations of 3.6% and March 3.8%.
#CPI

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