US Inflation Soars To Highest Rate In 40 Years

Blame whoever or whatever you want but the inflation rate is increasing at the fastest pace since the early 1980s. With soaring prices for energy, vehicles and food. Inflation has been a top concern for months, and in March, the situation got even grimmer. Consumer prices jumped 8.5% from the prior year, according to new data from the Bureau of Labor Statistics. The BLS says that’s the largest 12-month increase since December 1981. Compared to February, overall prices rose 1.2%. The BLS data confirms what was widely expected.  To Read More Click Here.

Source: Yahoo Money