US inflation hits highest rate since 1981 as Ukraine war pushes up energy prices

Inflation in the US has reached 8.5% – the highest annual increase in more than 40 years.

The surge in the year to March was fuelled by growing costs for food, fuel, housing and other necessities that have outstripped the pay rises that many Americans have received.

The consumer price index (CPI) used to measure inflation was up 1.2% from
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