Jill On Money: Slow progress on inflation
Briefly

The progress on inflation has been frustratingly slow this year. The most recent evidence was found in the Consumer Price Index (CPI), which increased by 3.4% from a year ago in April, from 3.5% in March.
One of the driving factors in keeping inflation high is the cost of housing. Shelter is not only a big line item for household budgets, it is a major contributor to inflation, accounting for a third of overall CPI.
Read at www.mercurynews.com
[
|
]