BREAKING: April Inflation Rate Higher than Expected — 8.3% Actual vs. 8.1% Expected – Double Last Year’s Rate

The US inflation rate was released on Wednesday morning. The 8.3% inflation rate was higher than expected at 8.1%. April 2022 CPI: 8.3% y/y vs. 8.1% Consensus Estimate — Market Rebellion (@MarketRebels) May 11, 2022 Increases in shelter (Paging Powell!) food, airline fares & new vehicles were largest contributors to SA headline CPI. The food … Continue reading BREAKING: April Inflation Rate Higher than Expected — 8.3% Actual vs. 8.1% Expected – Double Last Year’s Rate