Inflation in April skyrockets. And it will get worse.
4 min readMay 16, 2021
Since January, the inflation rate is nearly 6%.
In spite of the somewhat positive spin that the media is trying to put on the recently released inflation rate data, the .8% gain in the Consumer Price Index (CPI) for April is very worrisome. Especially considering it follows a CPI monthly gain of .3% in January, .4% in February and .6% in March. That means inflation for…