TagUS inflation

US inflation rose 8.5 percent last year, the highest since 1981

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The government report also showed that inflation rose 1.2 percent in February-March, compared to a 0.8 percent increase in January-February. The March inflation figures were the first to capture the full rise in gasoline prices following Russia’s February 24 invasion of Ukraine. Moscow’s brutal attacks have unleashed sweeping Western sanctions on Russia’s economy and disrupted global food and...

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