Inflation Accelerated in March

04/16/2021

Increases in energy and transportation costs helped push the Consumer Price Index higher at an annual rate of 2.6% in March, according to government data released this week. It marked the biggest 12-month increase since August 2018. OMA Connections Partner RSM reports that energy prices rose by 5% on a monthly basis and 13.2% year over year. But the firm says other key inflation indicators do not point to an immediate risk to the economic outlook. 4/14/2021

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