April, Food Price | featured news

Consumers paid more for gas and food in April, pushing inflation to its highest level in two and a half years. But so far this month, inflationary pressures have begun to ease.

Big chains report an 8.9% increase from a year earlier, led by discounters and apparel stores. A later Easter is considered only partly responsible for the big jump.

The docile inflation performance reflected a second monthly drop in energy costs and a third consecutive decline in food prices.