Published May 9, 2026, 4:00 PM ET · Updated 6 months ago · 1 source
Inflation Drumbeat Persists for Unnerved US Consumer
bloomberg
·
Original Report
INFERY
Upcoming consumer price data is expected to confirm persistent inflation concerns for Americans. Economists anticipate a significant 0.6% rise in the April consumer price index, following March's substantial increase. Rising gas prices, up over 50% since late February, are contributing to higher costs for other goods and services. Core inflation, excluding energy and food, is also projected to accelerate, further rattling consumer sentiment and potentially impacting retail sales.