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May 12, 2021 03:03 pm GMT

April saw the biggest inflation since 2008, but no need to panic

The Consumer Price Index rose 4.2% over last year. The big reason for the inflation, according to CNBC, is the economy is starting to wake up after retreating during the pandemic.

The increase in the headline CPI rate was the fastest since September 2008.

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Original Link: https://boingboing.net/2021/05/12/april-saw-the-biggest-inflation-since-2008-but-no-need-to-panic.html?utm_source=rss&utm_medium=rss&utm_campaign=apri

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