Inflation rose in April, reversing March decline
Inflation picked up speed in April after declining in March, according to data released Tuesday by the Labor Department.
The consumer price index (CPI) rose 0.2 percent last month and is up 2.3 percent over the past year, according to the Labor Department. The annual inflation rate without volatile food or energy prices was 2.8 percent.
Prices fell 0.1 percent in March, though the annual inflation rate was slightly higher at 2.4 percent.
Economists expected price growth to pick up again amid deepening concerns about the impact of President Trump's trade........
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