Surge in Consumer Prices Raises Concerns About Continued Inflation
P.M. Edition for May 12. Consumer prices jumped 4.2% in April from a year earlier, the biggest increase since 2008 and larger than what economists had expected. This is raising concerns about whether higher inflation is here to stay. Economics editor Nell Henderson joins host Annmarie Fertoli with more on what the latest data means for consumers and the economy.
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