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Consumer prices rise more than expected, pushed by 9.1% jump in gasoline

Jeff Cox

CNBC

Consumer prices shot higher in March, given a boost by a strong economic recovery and year-over-year comparisons to a time when the Covid-19 pandemic was about to throttle the U.S. economy, the Labor Department reported Tuesday.

The consumer price index rose 0.6% from the previous month but 2.6% from the same period a year ago. The year-over-year gain is the highest since August 2018 and was well above the 1.7% recorded in February.

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https://www.cnbc.com/2021/04/13/us-consumer-price-index-march-2021.html?&qsearchterm=Consumer%20prices

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