Date: May 12th, 2026 9:29 AM
Author: me mum died in the holly (TT6)
https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.html
The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the highest since May 2023.
Excluding food and energy, core CPI increased 0.4% and 2.8% respectively, keeping inflation well above the Federal Reserve’s 2% goal.
The report also contained bad news for workers, as real average hourly wages slipped 0.5% for the month and fell 0.3% annually.
(http://www.autoadmit.com/thread.php?thread_id=5866085&forum_id=2...id.#49881385)