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US annual inflation slowed in April, consumer prices rise 8.3%: govt

US consumer price inflation slowed slightly last month, jumping 8.3 percent compared to April 2021, according to government data released Wednesday.

The annual increase peaked in March at 8.5 percent, but prices continued to rise last month for a range of goods, including housing, food, airline fares and new vehicles, the Labor Department reported.

But the consumer price index (CPI) for gasoline fell 6.1 percent in April compared to March.

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AFP

Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.




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