This month’s personal consumption expenditures price index (PCE) suggests that inflation rose more sharply in April than in the preceding two months.

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A month ago, federal data showed relatively flat prices from February to March. Today's fresh figures tell a different story.

This month’s personal consumption expenditures price index (PCE) suggests that inflation rose more sharply in April than in the preceding two months. The PCE increased 0.4% in April after rising 0.1% in March and 0.3% in February, according to a Bureau of Economic Analysis report released Friday, May 26.

Originally published on nerdwallet.com, part of the BLOX Digital Content Exchange.

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