April CPI Shows Highest Inflation Since May 2023

The April Consumer Price Index (CPI) reported a year-over-year inflation rate of 3.8%, driven by rising energy prices, marking the highest level since May 2023. The report caused stock market declines following strong gains over recent weeks.

By Jeremy Bowman · Motley Fool ·

April CPI Shows Highest Inflation Since May 2023

Topics: energy_prices inflation stock_market_reaction

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