Energy shock drives consumer prices up 0.6% in April
Key takeaway: Inflation in April continued to accelerate among all categories tracked, despite slight dips in the overall energy index. Supporting data: The Consumer Price Index, a monthly indicator of consumer inflation, rose by 0.6% in April and 3.8% year over year. What’s at stake: Federal Reserve officials are likely watching the latest inflation figures […]
Energy shock drives consumer prices up 0.6% in April Read More »