Wednesday, 13 April 2022 10:44

Why US inflation is so high, and when it may ease

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USA inflation

Another month, another four-decade high for inflation. For the 12 months that ended in March, consumer prices rocketed 8.5%. That was the fastest year-over-year jump since 1981, far surpassing February’s mark of 7.9%, itself a 40-year high.

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