The 8.5% CPI was greater than the expected 8.4%.
This is the highest inflation number since 1981.
Consumer prices are rising to their highest rates in 41 years.
Reuters reported:
The consumer price index surged 1.2% last month, the biggest monthly gain since September 2005, the Labor Department said on Tuesday. The CPI advanced 0.8% in February.
Gasoline prices on average soared to an all-time high of $4.33 per gallon in March, according to AAA. While gasoline was the main driver of inflation last month, food and services such as rental housing also made strong contributions....>>>https://rayviolet.blogspot.com/2022/04/breaking-march-inflation-rat...
You need to be a member of Saviors Of Earth to add comments!
Join Saviors Of Earth