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May 16, 2022

Consumer Price Index Moderates in April, but Remains Up by 8.3%

May 16, 2022, , , ,
The Bureau of Labor Statistics (BLS) recently announced that the U.S. consumer price index (CPI) rose by 8.3% over last year (between April 2021 and April 2022), coming down from an 8.5% increase in March. However, economic experts previously predicted the CPI to increase by 8.1% over the past year. This discrepancy suggests that the...
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