Used car prices and rentals are rising in the United States

Inflation in the United States continues to rise despite attempts to stop it. A recent government report specifies that prices rose 0.4% from March to April, which is somewhat higher than in previous phases.

Compared to the previous year, prices increased by 4.9%, down slightly compared to the annual increase in March, according to a report by the EFE news agency. Compared to the previous period, core prices increased by 5.5%, just below the 5.6% recorded in March.

The Inflation Index or Consumer Price Index (in Spanish: Consumer Price Index or IPC) is one of the most important economic indicators in the United States. It is a tool that measures the price and trend of consumer goods and is also used to measure inflation in an economy.

The annual increase in the prices of rent, food and medical care are among the main factors contributing to the monthly increase. According to the Bureau of Labor Statistics, the US Consumer Price Index is calculated using “the average temporal change in the prices paid by urban consumers for a basket of consumer goods and services.”

Where did prices go up in the US?

So far this year and fast to articles From daily consumption, the monthly inflation report was mixed. The report shared by the White House highlights that gasoline prices rose 3% in April.

In contrast, supermarket prices declined for the second month in a row and used car prices increased by 4.4% after nine months of decline. Rents have also increased, but at a slower rate.

In contrast, airline ticket prices fell 2.6% in April and hotel prices fell 3% after four months of increases. The truth is that the pocket of the “ordinary” citizen is still suffering from the inflation crisis.