U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure

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U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure

STORY: U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure SHOOTING TIME: Recent footage DATELINE: April 11, 2024 LENGTH: 0:01:18 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the U.S. Labor Department 2. various of a grocery store STORYLINE: U.S. consumer inflation in March sped up to 3.5 percent from a year ago, after ticking up to 3.2 percent in February, indicating continued inflation pressure, the U.S. Labor Department reported Wednesday. The Consumer Price Index (CPI) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February. The index for shelter rose in March, as did the index for gasoline. Combined, these two indexes contributed over half of the monthly increase in the index for all items. The latest inflation report showed that the so-called core CPI, which excludes food and energy, increased 0.4 percent in March, as it did in January and February, after edging up 0.3 percent in December. Core CPI rose 3

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