Verified source report
Inflation could hit 4% next month and stay elevated for rest of year, economist warns
The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to the Labor Department. Geoff Bennett discussed more with Heather Long, Chief Economist at Navy Federal Credit Union.
What happened
According to PBS News’s source item, Inflation could hit 4% next month and stay elevated for rest of year, economist warns, The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to the Labor Department. Geoff Bennett discussed more with Heather Long, Chief Economist at Navy Federal Credit Union.
Context
The development sits in VINI’s News file for readers following public-interest developments across VINI coverage areas. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-05-12T22:50:05+00:00.
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Source
Primary source: Inflation could hit 4% next month and stay elevated for rest of year, economist warns via PBS News. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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Source links
- Inflation could hit 4% next month and stay elevated for rest of year, economist warnsPBS News - 2026-05-12T22:50:05+00:00
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