No, You Are Not Imagining It. Prices For A Lot Of Things Did Jump In April

|

May 12th, 2021

A shopper’s full cart is placed on the checkout line at the ShopRite supermarket on April 3, 2020 in Plainview, N.Y. A year later, prices for most goods have jumped, according to government data on Wednesday, as conpanies struggle to secure critical raw materials amid supply constraints.

Bruce Bennett / Getty Images

You may have already noticed it, but yes, many things you need or love have gotten more expensive, a lot more expensive.

Consumer prices surged 4.2% in April from the depressed levels of a year earlier when the global economy was hit hard by the coronavirus pandemic, according to the Labor Department on Wednesday.

That was the largest 12-month increase since a 4.9% one in September 2008 in the depths of the global financial crisis, the Labor Department added.

Related

Top Stories