US prices stay high, showing inflation pressures persist - AP News

TL;DR

WASHINGTON (AP) — Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, a sign that further declines in inflation are likely to be slow and bumpy. With consumers starting to resist higher prices, Minerva said, he’s been forced to drop expensive menus for such holidays as Valentine’s Day and Mother’s Day. ”Mendicino acknowledged that the company has raised prices for some of its hotel rooms mostly in response to higher demand, not because of its higher labor costs

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