For the 38th consecutive month, CPI came in above 3%. That’s the longest period of high inflation since the late 1980s to early 1990s.

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For the 38th consecutive month, CPI came in above 3%. That’s the longest period of high inflation since the late 1980s to early 1990s.
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The Consumer Price Index (CPI) has been on the rise. As of April 2024, the CPI in the United States has been consistently above 3% for 38 consecutive months. This prolonged period of high inflation is notable, as it hasn’t been seen since the late 1980s to early 1990s. The CPI measures changes in prices paid by U.S. consumers over time and serves as a popular gauge of inflation.

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