Inflation watch: US consumer prices post biggest jump in 8 years
3 years, 8 months ago

Inflation watch: US consumer prices post biggest jump in 8 years

Al Jazeera  

Consumer prices in the United States in March posted their sharpest rise in more than eight years as vaccinations increase and the economy reaps the benefits of massive government spending. Consumer prices in the United States posted their strongest jump in more than eight years in March, as more Americans get vaccinated against COVID-19 and the economy reaps the benefits of the government’s massive $1.9 trillion virus relief aid package. The United States Bureau of Labor Statistics reported on Tuesday that its Consumer Price Index for all Urban Consumers rose 0.6 percent last month, after rising 0.4 percent in February. Since last year, when lockdowns were sweeping the nation, grinding business activity to a halt, consumer prices rose 2.6 percent.

History of this topic

U.S. consumer spending rises in November; monthly inflation subsides
3 days, 4 hours ago
U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
5 days, 7 hours ago
Where inflation accelerated in November – and where it eased
6 days, 7 hours ago
Food prices are on the rise again. What’s behind the increase
1 week, 2 days ago
US wholesale inflation surged higher in November
Trending News
1 week, 5 days ago
US inflation rose for second straight month: What are the challenges for Trump now?
1 week, 6 days ago
US inflation rises 2.7% YoY in November, logs highest gain in seven months; Wall Street awaits US Fed verdict
1 week, 6 days ago
US inflation ticked up last month as some price pressures remain persistent
Trending News
1 week, 6 days ago
Rising costs of used cars and groceries push US inflation higher in November
1 week, 6 days ago
US consumer price increases accelerated last month with inflation pressures resilient
3 weeks, 6 days ago
Higher shelter costs lift US consumer prices in October
1 month, 1 week ago
Inflation hit a bump in October after slowing for six straight months
1 month, 1 week ago
U.S. inflation rose slightly last month after 2 years of steady cooling but remained low
1 month, 1 week ago
China's consumer prices see stable growth in October
1 month, 2 weeks ago
China's consumer prices see stable growth in October
1 month, 2 weeks ago
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
1 month, 3 weeks ago
US inflation falls to 2.5% in August, reaches 3-year low as Federal Reserve set to cut interest rates
3 months, 1 week ago
U.S. inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
3 months, 1 week ago
US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
3 months, 1 week ago
Harris zeroes in on high food and housing prices as inflation plays a big role in the campaign
4 months, 1 week ago
Harris zeroes in on high food prices as inflation plays a big role in the presidential race
4 months, 1 week ago
Food prices are no longer rising as much — but here's why it might not feel that way
5 months, 1 week ago
31%: The surge in food prices irking voters in the UK election
5 months, 3 weeks ago
Anxiety over persistent inflation helps drive down US consumer sentiment for third consecutive month
6 months, 1 week ago
US inflation cooled in May in a sign that price pressures may be easing
6 months, 1 week ago
Fed’s preferred inflation gauge shows price pressures stayed elevated last month
7 months, 4 weeks ago
US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
7 months, 4 weeks ago
Inflation: Car insurance is the culprit. So are bad drivers.
8 months, 1 week ago
US consumer sentiment ticks down slightly, but most expect inflation to ease further
9 months, 1 week ago
US wholesale prices picked up in February in sign that inflation pressures remain elevated
9 months, 1 week ago
February retail sales up 0.6%, yet fissures emerge in what has been a driving force for US economy
9 months, 1 week ago
US inflation up again in February in latest sign that price pressures remain elevated
9 months, 1 week ago
US economy grew solid 3.2% in fourth quarter, a slight downgrade from government’s initial estimate
9 months, 3 weeks ago
Consumer sentiment edges higher as economic growth accelerates and inflation fades
10 months, 1 week ago
How inflation has hit your shopping basket
10 months, 1 week ago
What kept prices rising faster than expected in January? Stubborn inflation causes Dow to dive 700 points - here are the items that rose (and fell) the most over the past year
10 months, 1 week ago
US inflation slows but remains elevated in sign that price pressures are easing only gradually
10 months, 1 week ago
Inflation slows but remains elevated, a sign price pressures are easing only gradually
10 months, 1 week ago
2024 brings breather on inflation but food prices are still sticky
10 months, 1 week ago
Inflation slowed further in December as an economic ‘soft landing’ moves into sharper focus
10 months, 4 weeks ago
Which everyday items have seen a rise in inflation – and where has it eased?
11 months, 1 week ago
Inflation ticks UP to 4% in December after rises in tobacco and alcohol prices in surprise blow to hopes of early interest rate cuts - as Jeremy Hunt warns Britain must 'stick to the plan'
11 months, 1 week ago
Federal Reserve’s favored inflation gauge tumbles in November as prices continue to ease
1 year ago
Acceleration foretold: On volatile food prices
1 year ago
Wholesale inflation in US slowed further last month, signaling that price pressures continue to ease
1 year ago
US consumers keep spending briskly even in the face of persistent inflation and high interest rates
1 year, 1 month ago
US economy grows at its fastest rate in TWO YEARS after households splashed out on Taylor Swift concerts and Barbie tickets - but experts warn trend is finally starting to slow
1 year, 1 month ago
Retail sales rise solid 0.7% in September, reflecting US shoppers’ resilience despite higher prices
1 year, 2 months ago
Despite higher prices, American shoppers keep spending
1 year, 2 months ago
Fed’s preferred inflation gauge shows a modest rise in latest sign of slowing price increases
1 year, 3 months ago

Discover Related