Us Inflation Dips From 4-decade High But Still Causing Pain

Christopher S. Rugaber, Denver Post: Business
Wed, 05/11/2022 - 10:25am

By CHRISTOPHER RUGABER WASHINGTON (AP) — Inflation eased slightly in April after months of relentless increases but remains near a four-decade high, imposing a continuing financial strain on American households. Consumer prices jumped 8.3% last month from a year ago, the government said Wednesday. That was below the 8.5% year-over-year surge in March, which was the highest since 1981.

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Us Inflation Dips From 4-decade High But Still Causing Pain

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