Home > US inflation hits 40-year high of 8.5%

News
US inflation hits 40-year high of 8.5%

Description

Consumer prices in the US surged by 8.5% in March, the fastest pace since 1981. The inflation spike was fuelled by a 32% jump in energy costs, linked to Russia's war in Ukraine. Many American consumers are struggling to keep up with the price rises. Also in the show - Emmanuel Macron appears to waver on his pledge to raise France's retirement age to 65, and Sri Lanka enters default as its economic crisis deepens.

Added on the 12/04/2022 21:19:27 - Copyright : France 24 EN

To customise your video :

Generic export code

More videos on the subject

Fed's preferred inflation index to rise to 5.2 percent by end of year

The Fed predicts a 5.2 percent rate of inflation, as measured by the personal consumption expenditures price index, before falling rapidly to 2.6 percent next year and 2.2 percent in 2024, Chair Jerome Powell says during a press conference. SOUNDBITE

15/06/2022 - AFPTV - First images
Eurozone inflation to stay high longer but fall this year: Lagarde

Eurozone inflation is likely to stay higher for longer than expected but is still set to come down later this year, European Central Bank chief Christine Lagarde says. SOUNDBITE

03/02/2022 - AFPTV - First images
Spain's Ibex 35 achieves second highest increase of the year (2.5%) and touches 8,600 points

Madrid, Jul 21 (EFE).- (Camera: EFE) The Spanish stock market achieved this Wednesday the second largest increase of the year, 2.5%, which has brought it closer to the level of 8,600 points thanks to the recovery of Wall Street and oil, according to market data.FOOTAGE OF THE SPANISH STOCK MARKET, IN MADRID

21/07/2021 - EFE Inglés
U.S. Hits 11 Million COVID-19 Cases

15/11/2020 - Wochit
China's inflation grows 2.5 percent year-on-year in June

Shanghai,Jul 9 (EFE/EPA).- China's Consumer Price Index (CPI), the main inflation indicator, grew 2.5 percent year-on-year in June against the 2.4 percent growth it posted in the previous month, the National Bureau of Statistics (NBS) said Thursday.The figure is in line with analysts' forecasts, which had predicted an increase in inflation of around 2.5 percent in the month of June.(Camera: ALEKSANDAR PLAVEVSKI)FOOTAGE SHOWS B-ROLL OF SHANGHAI, CHINA. (8 JULY 2020)

09/07/2020 - EFE Inglés
German business morale hits 2-1/2 year high

German business morale improved unexpectedly in October, hitting its highest level in 2-1/2 years, suggesting company executives have become more optimistic about the growth prospects for Europe's largest economy. Sonia Legg reports

25/10/2016 - Reuters EN