Gasoline Pushed Inflation Rate Higher In April : The Two-Way Higher prices for gasoline accounted for almost half of the 0.4 percent increase last month.
NPR logo Gasoline Pushed Inflation Rate Higher In April

Gasoline Pushed Inflation Rate Higher In April

The prices consumers pay for goods and services went up 0.4 percent last month, the Bureau of Labor Statistics says, as higher costs for gasoline pushed the inflation rate up.

In the past year, BLS added, consumer prices are up 3.2 percent.

According to BLS, higher prices for gasoline accounted "for almost half" of the overall increase last month.

Planet Money follows the economic trends over here.

The Two-Way

The Two-Way

Breaking News From NPR

About