Markets fall as US consumer prices see sharpest monthly climb since 2008
by Dominic Rushe from on (#5HR2V)
- Consumer Price Index increases 4.2% in April year-on-year
- Used cars and trucks lead surge in prices
US consumer prices soared in April as post-lockdown demand and shortages drove up the cost of a wide range of goods, from used cars and home furnishings to airline tickets.
Related: FTSE 100 shares fall sharply amid US inflation fears
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