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CPI Surges: Energy & Services Drive Unexpected Inflation Jump

CPI Surges: Energy & Services Drive Unexpected Inflation Jump  After consistently rising month-over-month for the past five months, the Consumer Price Index (CPI) was anticipated to show a modest slowdown in March, from a 0.4% increase to a 0.3% increase. However, it unexpectedly rose by 0.4%, equaling the highest level since August 2023, ...

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