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    US key inflation gauge worsens, eroding Americans’ income and spending power

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    Source: South China Morning Post
    Published: 2026-05-28 23:37 UTC+10:00
    Section: Republicans
    Factuality Score: 92
    Opinion Category: Neutral
    Topics: Economy & Finance, Tax & Budget, Food & Agriculture, World News, Business & Economy
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    Snippet:
    Inflation of 3.8 per cent in April was the highest since May 2023 amid high petrol prices and food costs
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