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?

What was the year over year increase in inflation mentioned in the text?

What rounding issue is mentioned in relation to the inflation forecast?

What was the forecasted inflation rate compared to the actual rate?

When was the highest inflation recorded prior to the current data?