Inflation numbers in April reached their lowest in two years as price pressures appear to be letting up for customers, according to a May 10 report from CNBC based on data from the Bureau of Labor Statistics.
Here is the inflation breakdown for some common items and products for April 2023, based on year-over-year price changes:
Motor vehicle insurance: +15.5 percent
Rent on a primary residence: +8.8 percent
Electricity: +8.4 percent
Financial services: +8.4 percent
Television service (cable, streaming, etc.): +5.8 percent
Airfare: -0.9 percent
Utility gas service: -2.1 percent
Gasoline: -12.2 percent
Health insurance: -15.8 percent