Consumer Prices Increase .04% in April

posted in: Market News

The cost of living in the United States rose in April, led by increases in food and fuel. This follows a .05% increase in March. Excluding food and fuel the gauge rose .02%.
Rising commodity prices are now pressuring prices. Prices increased 3.2% in the 12 months that ended in April. CPI rose 1.3% from April 2010, the most since February 2010.

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