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Airfare surges from March to April

With more travelers taking to the sky, airfare surged in April by 13.1% compared with March, according to Consumer Price Index (CPI) data. A portion of that increase was the result of normal seasonal changes in air ticket prices. But even when seasonality is accounted for, prices in April were 10.2% higher than March.

Still prices remain well below what they were in the most recent pre-pandemic April. The CPI for airfare was 21% higher in April 2019 than last month.

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