US inflation rises from 3.2% to 3.5% in March - Breaking The News

US inflation rises from 3.2% to 3.5% in March

10 April

1 min read

EPA-EFE/JUSTIN LANE

The yearly inflation rate in the United States stood at 3.5% in March, according to the latest report by the Bureau of Labor Statistics on Wednesday. Inflation increased compared to February's annual rate of 3.2% and exceeded analysts' predictions.

Month-on-month, the consumer price index (CPI) rose by 0.4%. Over half of the increase was attributed to the rise in shelter and gasoline prices. Core inflation, excluding food and energy, stood at 3.8% year-on-year, with the core CPI rising 0.4% compared to February.

data cpi

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