Market to Market

Economic Outlook: May 10, 2019

May 10, 2019  | Ep4438

Trade negotiations stand directly in front us but the wider view shows an economy that continues to receive high marks for its performance.

The Consumer Price index gained 0.3 percent in April with help from falling food prices and rising gasoline prices.

When those two factors are taken out of the equation, Core CPI climbed 0.1 percent.

The cost of creating those goods moved 0.2 percent higher last month.

The trade dispute with China did pull the Dow Jones Industrial Average 3 percent lower for the week. Across the Pacific, the Shanghai Composite Index grew more than 1 percent.

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