Inflation jumps to 8.5% in March, real earnings down 2.7%

WASHINGTON D.C., April 13, 2022 – Yesterday, the U.S. Bureau of Labor Statistics announced that consumer inflation rose to a 40-year high of 8.54% in March, up from 7.87% in February. The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2% from February to March. According to the latest CBS News/YouGov survey conducted between April 5-8, with a nationally […]