Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 1.2% in March, after rising by about 0.8% in February, in line with expectations, while the main index, excluding food and energy prices, declined to 0.3% compared to By 0.5% in February.
On the other hand, the annual index rose over the past 12 months to 8.5% from 7.9% in February, at its highest pace since 1981, exceeding expectations that indicated a rise to 8.2%, while the annual core index rose to 6.6% from 6.4%.
In the details of the index, the food index recorded a growth of 8.8% on an annual basis from 7.9, and a rise of about 1% in March, while the energy index rose by 11% in March from 3.5% and an increase of about 32% on an annual basis.