# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Cq78kV1qLUe
- **Gondola URL:** https://gondola.cc/posts/17860758-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/7ef7a51ea3.jpg
- **Posted:** 2023-04-12T12:48:28.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

📈 The S&P 500 is volatile Wednesday morning after the Labor Department reported a 5% year-over-year increase in the consumer price index (CPI) for March.

The headline CPI came in at 5% year-on-year in March, down from 6% in February, according to data the Labor Department reported on Tuesday. The closely watched inflation reading was below average economist estimates of 5.2%. This marked the lowest inflation print since May 2021. 

On a month-over-month basis, CPI was up 0.1%, which was also lower than the estimates of 0.2%.

Core CPI, which excludes volatile food and energy prices, matched expectations on a year-over-year basis, rising 5.6%. On a month-over-month basis core inflation rose 0.4% also in line with estimates. Find out more on benzinga.com, link in bio. benzinga 
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#stockmarket #stockmarkets #stocks #inflation #money #business #unitedstates #investing #investment #personalfinance #wallstreet #stockstrader #stocktrading #stockmarketinvesting #wealthbuilding

## Stats

- **Views:** 0
- **Likes:** 75
- **Shares:** 0
- **Comments:** 2

## Tags

business, inflation, money, stockmarket, wealthbuilding, stocks, stockstrader, unitedstates, investing, wallstreet, stocktrading, stockmarketinvesting, personalfinance, stockmarkets, investment

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