YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
U.S. consumer prices in March jumped to their highest level since 1981, according to Labor Department data released this morning.
The consumer price index was up 8.5% from a year ago on an unadjusted basis. Excluding food and energy, the CPI increased 6.5%.
Real earnings, despite rising 5.6% from a year ago, did not keep pace with the increase in cost of living, according to CNBC.
Read more from CNBC.
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