- U.S. Inflation Hits Four-Decade High | With energy and food prices hiking, the U.S. annual inflation speeded up to 8.5% in March, the highest since 1981, as the Producer Price Index (PPI) jumped 11.2% in the same month, breaking a record from 2010. U.S. President Biden blamed Russia for the inflation in the U.S. and the world, as the soaring prices topped the concerns of Americans.
|
|