Marketplace®

Daily business news and economic stories
May 12, 2021

Consumer prices jumped higher than expected

Travel-related prices are on fire. Also on the show: Retirements increased during the pandemic, and we take a trip to the mall with a fashion business expert.

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Car-rental prices have leaped, registering a 16% monthly increase in April. Consumer prices overall rose 4.2% year over year, outpacing forecasts.
Car-rental prices have leaped, registering a 16% monthly increase in April. Consumer prices overall rose 4.2% year over year, outpacing forecasts.
Joe Raedle/Getty Images

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Consumer prices jumped higher than expected