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US Consumer Prices Shoot Up


US Consumer Prices Shoot Up
By
Felix Richter
Year-over-year change of the Consumer Price Index for All Urban Consumers in the U.S.
The Consumer Price Index for All Urban Consumer (CPI-U), a closely watched measure of inflation in the United States, has shot up in its April reading, with both the broad CPI for all items and the core CPI excluding food and energy prices up significantly on a year-over-year basis. Compared to April 2020, consumer prices rose 4.2 percent and 3.0 percent excluding food and energy items.
The broad CPI reading was the highest since 2008 and highlights how consumer prices have been affected by the coronavirus pandemic. While prices initially took a dive during the crisis - due to falling out-of-house demand and decreased need for fuel - they are now roaring back, exceeding pre-crisis levels as the United States gets ready to open up again. ....

United States , Consumer Price Index , All Urban Consumer , ஒன்றுபட்டது மாநிலங்களில் , நுகர்வோர் ப்ரைஸ் குறியீட்டு ,