US inflation jumps to 40-year high ...News

Russia Today - Economy
US inflation jumps to 40-year high
source : Russia Today ( News ) () 18
Soaring gas and food prices were the main catalysts, official data shows The US Labor Department said on Tuesday that its consumer price index soared 8.5% in March from 12 months earlier, the sharpest year-over-year increase since 1981. The surge was driven by continuing supply-chain problems, soaring demand and rising energy prices, it said. Statistics showed that the monthly rise was 1.2%, the fastest jump since September 2005 and a sharp acceleration from February’s 0.8% increase. US authorities are blaming the surging prices on the Russia-Ukraine conflict, with President Joe Biden saying on Monday: “I am doin

Hence then, the article about us inflation jumps to 40 year high was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US inflation jumps to 40-year high )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Fuse Expands U.S. Radiation Testing Capacity with New Albuquerque Facility
PR Newswire - before 7 hours & 30 minute
Suspect Arrested For Allegedly Throwing Molotov Cocktail at Sam Altman's Home
WIRED - before 4 hours & 6 minute
Martin Lewis gives ‘urgent’ energy advice amid Iran ceasefire
INDEPENDENT - before 10 hours
Japanese Stocks Rise on Optimism Over Tech Earnings
SABA NET - before 10 hours & 38 minute
Followme Releases 2025 Annual Trading Report: Trading Behaviour, Capital Flows, and Profitability Insights
PR Newswire - before 9 hours & 52 minute
OpenAI Freezes UK AI Data Center Plans Over Power Prices, Red Tape
OILPRICE - before 2 hours & 44 minute
MicroCloud Hologram Inc. Develops Technology Based on Quantum Key Distribution Protocol and Quantum Random Number Generation Technology, Constructs Authentication System Integrating Quantum and Holographic Technologies
PR Newswire - before 6 hours & 4 minute
Russia-Flagged Supertanker Passes Through Hormuz
OILPRICE - before 8 hours & 13 minute
Kno2 and Its Connected Partner Community Showcase End-to-End Data Exchange Capabilities Spanning Provider, Patient, Payer, and Aligned Network Pledges at the CMS Health Technology Ecosystem National Showcase
PR Newswire - before 8 hours & 4 minute
United Real Estate Richmond Broker, Eric Lin, Appointed Director of the Virginia Department of Small Business and Supplier Diversity
PR Newswire - before 3 hours & 58 minute
US Oil, Gas Drillers Take the Foot Off the Gas As Prices Climb
OILPRICE - before 3 hours & 17 minute
Fixstars Cuts AI Training Costs by 43% and Search Time to 1/16th
PR Newswire - before 8 hours & 3 minute


Latest News

Strait of Hormuz Constraints Keep Oil Prices Elevated

before 36 minute

ALL NEW TOUR! NITRO CIRCUS 2.0 TOUR PRESENTED BY RAM TRUCKS IN AUGUST 2026

before 57 minute

TELCOR Acquires Sample Healthcare to Lead AI-Driven Transformation of Revenue Cycle Operations

before hour & 14 minute

Trail Life CEO Mark Hancock on the Myth of Neutrality: "Character Formation Requires a Foundation"

before hour & 47 minute

From March to August: Yiwu's Christmas Export Peak Season in Full Swing

before 2 hours & 20 minute

Berkshire Hathaway HomeServices The Preferred & Stouffer Realty Launch AI BOSS

before 2 hours & 36 minute

OpenAI Freezes UK AI Data Center Plans Over Power Prices, Red Tape

before 2 hours & 44 minute

Europe’s Jet Fuel Shortage Arriving in Weeks

before 3 hours

US Oil, Gas Drillers Take the Foot Off the Gas As Prices Climb

before 3 hours & 17 minute

Intellectual Property Veteran Formally Introduces PowerBridge Networks and Announces Acquisition of Strategic Avaya Networking Patent Portfolio

before 3 hours & 26 minute

Democrats Denounce Trump’s Plan to Use Foreign Steel in White House Ballroom

before 3 hours & 34 minute

From Earth to space: Portuguese cork continues to protect NASA's Artemis missions

before 3 hours & 40 minute

United Real Estate Richmond Broker, Eric Lin, Appointed Director of the Virginia Department of Small Business and Supplier Diversity

before 3 hours & 58 minute

Novorossiysk Restarts Oil Loadings at Reduced Capacity After Drone Strike

before 4 hours & 6 minute

Suspect Arrested For Allegedly Throwing Molotov Cocktail at Sam Altman's Home

before 4 hours & 6 minute