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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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forbes.com
Consumer Prices Rose 3.8% Last Month—Most In 3 Years
Higher inflation has persisted as rising prices pressure consumers.
