the president visits a family farm in illinois today. a new government makes clear that inflation is here to stay. it suggests the worst might be behind us. the consumer price index rose 8.3% compared with last year. that s a big number. 8.3%. it s down from a 40-year high from last month. look at it month to month. inflation 0.3% in april. that s down from the 1.2% gain in march. a closely watched data point within the report was up not down. beware of anyone who tells you they are certain things are trending for the better. even if inflation is retreating from the highest tide, prices are still up at the fastest rate in nearly 40 years. we start with a look inside these numbers and with cnn s christine romans. reporter: issue number one for the american family. the cost of living. so many categories it has been going up for almost a year now. those headline numbers in normal times would be very, very scary. they appear to be moderating, leveling off, peaking as one econom