US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year – Bitcoin News

On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised the federal funds rate. U.S. Inflation Cools … Read more

Turkey’s Inflation Rate Surges to 70%, Monthly Rate of Change Now 7.25% – Economics Bitcoin News

The latest data from the Turkish Statistical Institute (TSI) shows that rising transportation and food costs were some of the key factors contributing to the surge in the country’s inflation rate to 70%. Economic Revival Efforts Not Bearing Fruit Rising commodity prices and increased transport costs are some of the key contributing factors behind the … Read more