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Economists Estimate Rapid Pace of U.S. Inflation Eased in April
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Price increases that have put U.S. inflation at a four-decade high likely slowed in April as gasoline prices and supply-chain bottlenecks eased, economists say.
The Labor Department on Wednesday is estimated to report that the consumer-price index rose 8.1% in April from the same month a year ago, decelerating from an 8.5% annual rate in March, according to economists surveyed by The Wall Street Journal.
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