Big Jump In Energy Prices Pushes Overall CPI Up 0.6 Percent in March as Depressed Prices Bounce Back

This is a compilation of Dean Baker’s quick-take analysis over Twitter. Follow @DeanBaker13 on Twitter to get his quick-take analysis of government data immediately upon release. Nothing in this report should raise fears of inflation problems. We see some bounce back in prices depressed by pandemic, nothing more. Gas prices will be level or fall in April, lowering … Continue reading Big Jump In Energy Prices Pushes Overall CPI Up 0.6 Percent in March as Depressed Prices Bounce Back