The U.S. consumer price index for April increased by 3.8% year on year, up from 3.3% in March as energy prices hovered at high levels, data released by the U.S. Bureau of Labor Statistics showed Tuesday. The acceleration of U.S. headline inflation in April marks the highest level

The U.S. consumer price index for April increased by 3.8% year on year, up from 3.3% in March as energy prices hovered at high levels, data released by the U.S. Bureau of Labor Statistics showed Tuesday. The acceleration of U.S. headline inflation in April marks the highest level

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