What happeedConsumer prices rose 4.2% last month from a year earlier, the highest inflation reading since April 2023, the Commerce Department said Wednesday. Most of the increase was due to rising fuel prices. But the “higher energy costs are rippling through the food supply chain,” affecting beef, coffee and produce, The Washington Post said. Asked about the rising cost of living, President Donald Trump “took a surprisingly optimistic tack,” The Associated Press said. “I love the inflation,” he told reporters.
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