#ConsumerPriceIndex

Consumer prices climbed last month by the most in three years, but prices for electricity surged even more, highlighting an intensifying battle between utilities, consumers and power grids.

Here are the key takeaways on the US consumer price index report for April, released Tuesday:

Treasuries maintained their losses after a key consumer prices gauge rose more than economists’ estimates, supporting wagers that the Federal Reserve will raise interest rates next year to control inflation.

Ethiopia’s inflation rate is back above 10% for the first time in five months, after fuel supply challenges pushed up the cost of almost everything.