"Stripping out volatile food and energy costs, prices rose just 0.1 percent, the smallest increase since December and a slowdown from a 0.3 percent March advance. Over the 12 months through April, prices were up 1.6 percent, a touch less than in the 12 months ended in March."
So core US consumer price infltion is running at an annual rate of 1.2%. Inflation scare, what inflation scare?
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