U.S. Inflation Rises at Fastest Annual Pace Since 1981

The video discusses the Consumer Price Index (CPI) changes, highlighting a 1.2% increase in March, which aligns with forecasts. It notes a previous month's increase of 0.8% and a year-over-year rise of 8.5%, slightly above the forecasted 8.4%. This marks the highest inflation since January 1982. The video also mentions a lower-than-expected 0.3% increase, providing some positive news, with a year-over-year rate of 6.5%, which is below economist predictions.

What was the month-over-month increase in the CPI for March?

• 2.0%

• 1.5%

• 0.8%

• 1.2%

How much did the CPI increase on a year-over-year basis in March?

• 7.5%

• 8.5%

• 9.0%

• 8.0%

Since when has the current inflation rate been the highest?

• January 1992

• January 1982

• January 2002

• January 1972

What was the lower-than-expected increase in the CPI?

• 3/10 of a percent

• 4/10 of a percent

• 2/10 of a percent

• 5/10 of a percent

What was the year-over-year CPI rate that was lower than anticipated by The Economist survey?

• 7.0%

• 6.5%

• 6.0%

• 5.5%