April CPI report shows further surge in gas and electricity prices, raises “yellow flag” recession caution
– by New Deal democrat As almost universally anticpated, the April CPI continued to reflect the big increase in gas prices – although it didn’t pack quite the wallop that March did. Headline CPI increased 0.6%, following March’s +0.9%, causing the YoY% gain to increase to 3.8%. Meanwhile the core measure increased 0.4%, causing the YoY% […]