Inflation Surges in April as Consumer Prices Leap 4.2%, Fastest Since 2008

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By Lawce in Business
Updated 3 years ago

Inflation accelerated at its fastest pace in more than 12 years for April as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2%...

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