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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment. The index for shelter rose in April, as did the index for ...
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Inflation likely stayed higher than Fed officials would like in April if early forecasts are correct. The cost of living as measured by the Consumer Price Index likely rose 3.4% over the year in April, down from a 3.5% increase in March according to a survey of forecasters by Dow Jones Newswires and the Wall Street Journal, ahead of the official figures due ...