The annual inflation rate shot higher in April as the war in Iran drove up energy and food prices, according to data released Tuesday by the Labor Department. The consumer price index (CPI), a popular gauge of inflation, rose 3.8 percent over the past 12 months and 0.6 percent in April alone, according to the…
Politics
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Inflation spikes to 3.8 percent in April, higher than expected
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CitrixNews Staff
Originally reported by The Hill. Read the full story at the original source.
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