Inflation in the United States.

Hi guys, welcome to our channel. Today, we're going to talk about inflation in the United States.

According to the Labor Department's consumer price index, prices were up 5% year-over-year, a drop from February's 6% and a 40-year high of 9.1% last June. That indicates some stabilisation in inflation in recent months.

In March, prices rose 5% over the past 12 months, a drop from February. However, some items showed significant increases, such as men's trousers and shorts (5.6%), airline tickets (4%) and hotels (3.1%).

On the other hand, some items showed a reduction, such as smartphones (-2.6%) and gasoline (-4.6%).

This data has important implications for the U.S. economy, and could affect the Federal Reserve's policy regarding interest rates. Follow the news to stay on top of upcoming developments.

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