Consumer prices rose 3.8% annually in April, the highest since May 2023
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Source: CNBC
Published: 2026-05-12 22:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Economy & Finance, Labour & Workers, Business & Economy
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Snippet:
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.
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