US inflation at 48-year high / gasoline rose 48%
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The US Department of Labor announced that the consumer price index in March increased by 8.5% in March compared to the previous 12 months, which is the highest figure since 1981.
The increase was due to supply chain problems, rising demand and rising energy costs.
Statistics show that the monthly increase was 1.2 percent, which is fastMost Increased since September 2005.
US officials have linked the rise in prices to the Russia-Ukraine conflict Biden“I will do everything in my power to bring down Putin’s price,” the president said on Monday.
The US gasoline index rose 18.3 percent in March, accounting for more than half of the monthly increase. Gasoline prices have risen 48 percent in the past 12 months. The price of second-hand cars has also risen by 35%.
Statistics show that the food index also grew by one percent this month compared to February and increased by 9 percent compared to last year. Food prices have also risen by 10 percent.
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