3 areas where inflation is hitting consumers the hardest

Published 2024-05-15
April's Consumer Price Index (CPI) saw inflation come in lower than expected. However, prices continue to remain elevated in several areas. Yahoo Finance's Alexandra Canal breaks down where consumers feel inflation hit the hardest.

Shelter and gas were two of the biggest contributors to overall inflation. Gas prices rose 2.8% from March to April, and the index for shelter rose 5.5% year over year. Apparel also rose, with prices increasing 1.2% month over month, making it the largest rise in the category this year so far.

Motor vehicle insurance, medical care, and personal care also saw notable upticks in inflation, impacting nearly every part of the consumer's day-to-day.


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All Comments (7)
  • Wasnt the estimate anyway 0.3 instead of 0.4? I think 0.4 would have been bad for the market.
  • @danieldylan1273
    Food has doubled in the last year. Rents are up. Gas is higher. Medical dental and medications are through the roof. Taxes are higher since everything costs more. Clothing is outrageous. Honestly what hasn't gone up? Oh wages and social security hasn't gone up.
  • @user-yy9hk9od9u
    Insurance, gas prices, fast food, groceries, rent and the list goes on. Biden will lose.
  • @dons3073
    Generation X the hardest workers in the history of man kind is getting old now your doomed