Inflation Is On The ‘March’ Again

Consumer prices shot up in March, reflecting higher costs for gasoline, clothing and hotel rooms, with core inflation rising by the biggest amount in a year.

The Labor Department reported that its closely watched Consumer Price Index rose by 0.4 percent, far higher than the modest 0.1 percent gain in February. The inflation surge was led by higher gasoline prices, which jumped by 3.6 percent.
CBS News