Eco Week Ahead
Inflation Drumbeat Persists for Unnerved US Consumer
A driver refuels a vehicle with gasoline at a gas station in Seattle, Washington, on April 30.
Photographer: David Ryder/BloombergA fresh batch of consumer price data in the coming week is likely to affirm Americans’ growing frustration with inflation.
Economists see a sharp 0.6% increase in the consumer price index for April, based on the Bloomberg survey median estimate. That’s on the heels of March’s biggest monthly advance since 2022. The Bureau of Labor Statistics’ report is due Tuesday.