Consumer Price Index Rose in April – Pumping Up Inflation

Facebooktwitterlinkedin

Once again energy prices, notably gasoline (prices at the pump), are driving headline inflation. The Consumer Price Index (CPI) rose at a seasonally adjusted annual rate of 5.0% in April influenced heavily by a 153.5% annualized increase in the price of gasoline. Increases in separate indexes for food and core CPI (excluding food and energy) were in line with recent… Read More ›

Facebooktwitterredditpinterestlinkedinmail
Show Buttons
Hide Buttons