U.S. inflation hasn’t been this high since 2008

The so-called PCE index jumped 0.6% in April, marking the biggest monthly increase since 2008. 

The rate of inflation over the past 12 months also shot up to a 13-year high of 3.6% in April from 2.4% in March.

MarketWatch 28 May 2021

https://www.marketwatch.com/story/another-key-u-s-inflation-gauge-surges-in-april-and-hits-13-year-high-11622205893





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