Inflation again ran at its quickest annual pace in over 40 years, boosted to a new high by price increases in March for a broad range of goods and services, according to government data released Tuesday, April 12.
The annual leap was driven greatly by the soaring costs for food and gasoline, as well as a 30-year high in housing. Continue reading U.S. Inflation Highest Since 1981 as CPI Hits 8.5% in March