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US: Fastest rising inflation in 40 years

Published 12 May 2021 at 17.48

Economics. In April, US core inflation rose at the fastest rate in nearly 40 years. It shows the inflation report from the central bank Federal Reserve that was released today, reports DI.

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During the corona epidemic, trillions and billions of new dollars have been created to cover the cost of all contributions.

Now the hangover seems to be on its way. The Federal Reserve's report, presented today, beat all expectations and shows that core inflation, which excludes energy and food prices, rose from 1.6 to 3 percent in April. US last month.

Swedish inflation figures were also released on Wednesday. They show that consumer prices, measured as the CPIF, rose by 2.5 percent last month, Svenska Dagbladet reports. That is two tenths more than what the Riksbank has calculated.

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