Inflation jumped to 3.8% in April compared with a year ago, the Commerce Department said Thursday (May 28), up from 3.5% in March and the highest since May 2023. On a monthly basis, prices rose 0.4%, down from the 0.7% jump in March.
Inflation jumped to 3.8% in April compared with a year ago, the Commerce Department said Thursday (May 28), up from 3.5% in March and the highest since May 2023. On a monthly basis, prices rose 0.4%, down from the 0.7% jump in March.