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US inflation hits fresh 40-year high of 7.9% in February, before oil spike

March 10, 2022 10:04 PM

NEW YORK (BLOOMBERG) – US consumer price gains accelerated in February to a fresh 40-year high, consistent with rapid inflation that’s become even more pronounced following Russia’s invasion of Ukraine.

Source : https://www.straitstimes.com/business/economy/us-inflation-hits-fresh-40-year-high-of-79-in-february-before-oil-spike

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