US Fed beige book says economic activity increased

Reuters reports:

U.S. economic activity continued to expand across the country in March and the first half of April, but higher energy prices put pressure on costs, a Federal Reserve report said on Wednesday.

"High energy prices were at the forefront of most districts' mention of cost pressures," the Fed said in its "beige book" summary of economic conditions.

Doesn't sound like price pressure is decreasing.