US Inflation in April Jumps, Annual Inflation Rate at 2%

US inflation in April advanced the most in nearly a year as Americans paid more for a wide range of goods and services, the latest report from the government on consumer prices shows.

Costs continued to climb for food and shelter, and picked up again for gas and other energy categories after three straight months of some relief. Continue reading US Inflation in April Jumps, Annual Inflation Rate at 2%