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Consumer Price Index Posts Largest 12-month Increase Since September 2008

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president Jimmy Carter

the staff of the Ridgewood blog

Ridgewood NJ, fanning the fear of inflation  ,the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in April on a seasonally adjusted basis after rising 0.6 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.2 percent before seasonal adjustment.

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