Published on: 2026-04-10
Source: People’s Republic of China in Russian –
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New York, April 10 /CINHUA/ — The Consumer Price Index (CPI) in the United States rose by 3.3 percent in March compared to the figure from a year earlier against the backdrop of a sharp increase in energy prices, which became the most significant inflation surge in almost two years. This is evidenced by data published on Friday by the U.S. Bureau of Labor Statistics.
According to departmental data, in March the growth rates of the Producer Price Index (PPI), calculated over the last 12 months, exceeded the analogous indicator for the 12-month period ending in February by almost a full percentage point. On a monthly basis, the cumulative growth of consumer prices amounted to 0.9 percent.
A sharp acceleration in the rate of growth of the CPI was primarily caused by an increase in energy costs. The energy price index rose by 10.9 percent in March, driven by a 21.2 percent jump in gasoline prices, which accounted for almost three quarters of the monthly increase in the overall price index for goods and services.
Meanwhile, the core CPI, which does not take into account the volatile prices of food and energy for measuring core inflation, rose more moderately, increasing by 0.2% over the month and by 2.6% over the past 12 months.
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