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Consumer prices rose 3.8% annually in April, the highest since May 2023
The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.
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cnbc.com
Inflation reading Tuesday expected to show prices at nearly a three-year high
April's consumer price index, a broad gauge of goods and services costs across the U.S. economy, is forecast to reach an annual rate of 3.8%.
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bbc.com
US inflation jumps to 3.8% as energy costs surge from Iran war
The key measure of US inflation rose in April to its highest level since May 2023 as consumers feel the impact of the Iran war.
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Consumer prices rose 3.8% annually in April, the highest since May 2023
The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.
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upi.com
Consumer prices rose 0.6% in April; gasoline up 28% annually - UPI.com
Prices for consumer goods rose faster than expected in April, with food and energy prices driving the spike, the Bureau of Labor Statistics said.
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Retail sales rose 0.5% in April; nearly 5% for year - UPI.com
U.S. consumers spent $757.1 billion on retail and food services in April, a 0.5% increase over March, the U.S. Census Bureau reported Thursday.