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

5/13/2022 12:00:00 AM2 years 11 months ago
by Megan Henney
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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