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File - Francisco Santana buys groceries at the Walmart Supercenter in North Bergen, N.J. on Thursday, Feb. 9, 2023. On Friday, the Commerce Department issues its April report on consumer spending. (AP Photo/Eduardo Munoz Alvarez, File)

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A measure of inflation that is closely tracked by the Federal Reserve increased in April
May 27, 2023 midnight

A measure of inflation that is closely tracked by the Federal Reserve increased in April

Friday's report from the government also showed that despite rising prices, consumers remain buoyant.