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Inflation rate rose by 2.3% in April, CPI report shows. Here's what the data means.

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87% Informative

Consumer Price Index in April rose 2.3% on an annual basis.

Housing costs were a major driver of inflation last month , the Bureau of Labor Statistics says.

Economists are looking for early signs that Mr. Trump 's tariffs are trickling through to American households.

But so far, the tariff impact hasn't shown up in economic data.

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formal

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English

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