Consumer prices in US advance by most in nearly nine years ...Qatar

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Consumer prices in US advance by most in nearly nine years
US consumer prices climbed in March by the most in nearly nine years as the end of pandemic lockdowns triggered a rebound in travel and commuting that pushed up the cost of gasoline, car rentals and hotel stays. The consumer price index increased 0.6% from the prior month after a 0.4% gain in February, according to Labor Department data on Tuesday. The jump in the cost of gas accounted for almost half the overall March advance. Excluding volatile food and energy components, the so-called core CPI increased 0.3% from February, the most in seven months. Costs of both goods and services rose last month. The annual inflation figure surged to 2.6%, a figure that was distorted by a pandemic-relat

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