Inflation moderates in some hot spots, but barrels ahead in the mid-Atlantic - Fox Business


5/13/2022 12:00:00 AM3 years 9 months ago
by Megan Henney

Rising inflation is eating away at strong wage gains that American workers have seen in recent months. Real average hourly earnings decreased 0.1% in April from the previous month as the inflation increase eroded the 0.3% total wage gain, according to the Lab…

Several regions in the U.S. that have become a hotbed for inflation saw prices cool in April, except for one notable outlier: the mid-Atlantic. The Labor Department reported Wednesday that consumer … [+2794 chars]

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