(CNBC) Consumer inflation data for April is expected to show the biggest year-over-year gain in nearly a decade. The anticipated 3.6% jump in the headline consumer price index in April would be the largest since Sept. 2011. CPI is expected to be up 0.2% month-over-month, when the data is released Wednesday at 8:30 a.m. ET, according to Dow Jones.
All eyes are on this inflation number, which could have the biggest gain in nearly a decade
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