"Rising Costs Bite: Consumer Prices Soar in April Amid Energy Crisis A surge in energy costs has led to a significant spike in consumer prices in April, with petrol prices skyrocketing nearly 30 percent since last year. The sharp increase is likely to put a strain on household budgets, as families and individuals struggle to cope with the rising costs of everyday essentials. Experts warn that the energy crisis, fueled by global supply chain disruptions and geopolitical tensions, is far from over, and consumers can expect further price hikes in the coming months. As inflation continues to bite, policymakers will be under pressure to act to mitigate the impact on vulnerable households and businesses."
Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.
