Breaking News: Consumer prices increased 8.5% in the year through March, pushed to the fastest inflation rate since 1981 by gas costs and higher rents. - HOT AIR BALLOON FLIGHT

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Breaking News: Consumer prices increased 8.5% in the year through March, pushed to the fastest inflation rate since 1981 by gas costs and higher rents.

BREAKING NEWS

Consumer prices increased 8.5% in the year through March, pushed to the fastest inflation rate since 1981 by gas costs and higher rents.

Tuesday, April 12, 2022 8:42 AM EST

But gas is not the entire story. Stripping out volatile fuel and food, so-called core prices climbed 6.5 percent in the year through March, up from 6.4 percent in the year through February, also a brisk pace.

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