Inflation Rises Sharply in the US as Consumer Prices in March Spiked to 8.5% – Economics Bitcoin News - BitcoinEthereumNews.com
Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) spiked last month at the fastest pace since December 1981. Inflation Continues to Hammer the US Economy — White House Blames Putin The latest data from the U.S. Bureau of Labor Statistics shows that inflation has continued to rise month over month in the United States. BLS published the organizations latest CPI numbers and inflation has spiked a great deal since last year. According to the latest भाकपा संख्या, consumer prices in March jumped to 8.5%. The data follows February‘s CPI numbers which showed a 7.9% anual increase in February. Last month’s anual rise was 0.8% higher than the year prior, while March saw a 1.2% jump. According to a Bloomberg data रिपोर्ट, “consensus economists” expected an 8.4% increase for March. Just before the CPI data was released, the White House said that it expected inflation to be “extraordinarily elevated.” White House press secretary Jen Psaki blamed the inflation on Vladimir Putin and Russia when she कहा: “We expect March CPI headline inflation to be