April’s inflation report could show tariffs’ effects, although some analysts say businesses are working through stockpiled inventory and are hesitant to raise prices yet.

But new consumer-price data from the Bureau of Labor Statistics (BLS) is likely to negate President Donald Trump’s ongoing assertion that there is “no inflation” in the U.S. economy. For the period covering the past 12 months,

This week's inflation report will offer a first look at how President Donald Trump's "Liberation Day" tariff announcement has impacted pricing across the United States. Trump's tariff escalation, announced April 2,