CPI read: Airfares fall again in April as downtrend continues

Passenger airplane flying above clouds during sunset

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Airfares in the U.S. fell 7.9% in April compared to a year ago on an unadjusted basis. Overall, core inflation was up 2.8% year-over-year during the month, which was level with the pace seen in March.

On a month-to-month comparison, airfares

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