US inflation rate soars to 6.6% in March
Personal Consumption Expenditure Price Index rose to 0.9% in March
By Yashasvini Razdan
Published - Apr 29, 2022, 08:32 PM ET
Last Updated - Feb 24, 2024, 05:34 AM EST
Core PCE increased by 0.3% in March from a month earlier
The core personal consumption expenditures (PCE) price index, rose to 6.6% annually, in March, according to the Bureau of Economic Analysis.
This figure, including food and energy, has grown at the fastest pace since January 1982.
Excluding food and energy costs, the PCE inflation measure rose 5.2%, a slightly slower pace than the 5.3% recorded in February.
