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Inflation cooled to 5% in March, but consumer pain is set to linger

Por: NBC News Business April 12, 2023

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Consumer prices climbed 5% in March, the Bureau of Labor Statistics reported Wednesday, down from 6% in February. The latest inflation reading represents the ninth-straight month of easing price growth on an annual basis, and is down from a 9% high last June. On a month-over-month basis, prices increased 0.1% — the lowest reading since last July. But it's still well above the Federal Reserve’s 2% target. Among the key categories still... + full article



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