BLS logoThe U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in April, 2024.  The all items index was up 3.4% for the 12 months ending in April.  The index for shelter and gasoline rose again in April as well – combined these two indexes contributed over 70% of the monthly increase in the all items index.  Indeed…

CPI Chart 5-24
BLS.gov

Click here to read the full release at the Bureau of Labor Statistics.

 

The post Inflation Continues to Rise appeared first on Real Estate Investing Today.

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