Inflation Rises to at 3.3%

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9% on a seasonally adjusted basis in March.  Over the last 12 months, the all items index increased 3.3% before seasonal adjustment. The index for energy rose 10.9% in March, led by a 21.2% increase in the index for gasoline which accounted for nearly three quarters of the monthly all items increase.

Click here to read the full release at the Bureau of Labor Statistics.