Rampant inflation hits 8.3% in April year over year, remains near 40-year highs

MacDailyNews
May 11, 2022, 8:54 am346 pts
U.S. inflation rose again in April, accelerating to 8.3% in April, more than the 8.1% estimate and near the highest level in more than 40 years. Jeff Cox for CNBC: The consumer price index, a broad-based measure of prices for goods and services, increased 8.3% from a year ago, higher than the Dow Jones…

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