The consumer-price index, a closely watched measure of inflation, rose 0.4% from February, higher than the 0.3% expected
A closely watched measure of US inflation picked up in March, rising to an annual rate of 3.5%, the US Department of Labor announced on Wednesday.
The consumer-price index (CPI) – which measures a broad range of goods and services – rose 0.4% from February, higher than the 0.3% expected. Core CPI, which removes the volatile food and energy categories rose 0.4% from February v an expected 0.3%.
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