From Yahoo News:
"WASHINGTON - Consumer prices climbed by 0.5 percent in April, reflecting the biggest rise in energy prices in two years, along with more expensive air fares and food costs."
"The increase in the consumer price index, the government's most closely watched inflation barometer, followed an even larger 0.6 percent advance in March, the Labor Department reported Wednesday."
snip
"Energy prices jumped by 4.5 percent last month. That was up from a 4 percent gain in March and represented the biggest advance since March 2003.
In April, gasoline prices went up by 6.4 percent, natural gas prices rose 5.6 percent and fuel oil increased 4.6 percent.
Rising energy costs are being driven by surging oil prices."
Link here:
http://story.news.yahoo.com/news?tmpl=story&cid=668&e=3&u=/ap/20050518/ap_on_bi_go_ec_fi/economy