Consumer prices rose 3.5% from a year ago in March, more than expected
By HatetheSwamp April 10, 2024 7:17 am Category: Government (0.0 from 0 votes)
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The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department's Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.
Excluding volatile food and energy components, core CPI also accelerated 0.4% on a monthly basis while rising 3.8% from a year ago, compared with respective estimates for 0.3% and 3.7%.
Abortion or lousy economy. Which issue will settle the election?
Time'll tell.
pb's still bettin it'll be the failure of Bidenomics.
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Comments on "Consumer prices rose 3.5% from a year ago in March, more than expected":
The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department's Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.