Here’s the inflation breakdown for April 2024 — in one chartby Greg Iacurci
KEY POINTS
The consumer price index rose 3.4% in April from a year earlier, a decrease from 3.5% in March, according to the Bureau of Labor Statistics.
Gasoline and housing prices put upward pressure on inflation, while prices for categories like
groceries and new and used cars fell in April.Consumer buying power rose over the past year as inflation moderated.
Source: CNBC
https://www.cnbc.com/2024/05/15/heres-t ... yourwealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"