US inflation hits 41-year high

US March inflation data broke a record. The data, which came close to the market expectations, renewed the peak of 41 years.

US March inflation data has been announced. Thus, while inflation increased by 1.2 percent in March; on an annual basis, it was 8.5 percent.

The market expectation is that the US inflation is 1.2 percent on a monthly basis; on an annual basis, it was 8.4 percent. Inflation in the USA was 7.9 percent in the previous month, renewing the peak of 41 years.

The rise in energy prices due to the Russia-Ukraine war is seen as the biggest reason for the rise in US inflation.


Source: bigpara- GÜNDEM by

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