Consumer price inflation continued to accelerate in March, rising 1.2% month-on-month (m/m) – the fastest month-over-month pace since September 2005. On a year-over-year (y/y) basis, inflation was 8.5%, marking yet another multi-decade high. Gasoline prices remained a key contributor to price growth, rising by 18.3% m/m and accounting for over half of the total increase […]
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