Inflation in the US shoots up to 2.6% in March, its highest since August 2018

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The consumer price index (CPI) of the United States stood at 2.6 percent last March, nine tenths above the rate of 1.7 percent registered in February, which represents the largest increase prices registered in the country since August 2018, according to data published this Wednesday by the labor statistics office of the Department of Labor.

Specifically, food appreciated 3.5 percent, while energy soared 13.2 percent. The core inflation rate, which excludes these two figures from the calculation due to its high volatility, stood at 1.6 percent in March, three tenths above the increase recorded in the previous month.

In monthly terms, the United States registered inflation of 0.6 percent in the third month of the year, two tenths more than the rise observed in February. The country did not register such a high monthly data since August 2012.

In recent weeks, there is some concern among experts about the possible impact on inflation of the stimulus package of 1.9 trillion dollars (1.6 trillion euros). Although both the Government and the Federal Reserve have downplayed the rise in inflation, attributing it to transitory and limited effects.

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