US Inflation Jumps to Fresh 4-Decade High of 8.5% in March

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US Inflation Jumps to Fresh 4-Decade High of 8.5% in March

The headline CPI, which includes prices for all items basic for living such as food, housing, car, energy, consumer products, is now at its highest since December 1981, the Labor Department said Tuesday. Analysts and economists had estimated an 8.4% inflation rate in March, according to the FactSet database. www.coindesk.com

The headline CPI, which includes prices for all items basic for living such as food, housing, car, energy, consumer products, is now at its highest since December 1981, the Labor Department said Tuesday. Analysts and economists had estimated an 8.4% inflation rate in March, according to the FactSet database.

www.coindesk.com