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Consumer Prices In the US Remained Near 40-Year High In April, As Food Prices Rose Again

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Don’t be misled by the slight downtick in year-over year consumer prices in the US in April. Yes, they fell to 8.3% from 8.5% in March, according to the latest data from the Bureau of Labor Statistics But much of that decline can be attributed to the fall of energy prices, which are now rising…

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