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Inflation stays stubbornly high, U.S. CPI shows, even as prices rise more slowly

Economic Report Last Updated: April 12, 2023 at 9:30 a.m. ET First Published: April 12, 2023 at 8:35 a.m. ET Increase in core CPI over past year moves up to 5.6% The cost of groceries and many other goods and services have risen at the fastest rate in decades. The numbers: Consumer prices rose a

inflation-stays-stubbornly-high,-us.-cpi-shows,-even-as-prices-rise-more-slowly

Economic Report

Increase in core CPI over past year moves up to 5.6%

The cost of groceries and many other goods and services have risen at the fastest rate in decades.

The numbers: Consumer prices rose a scant 0.1% in March largely because of lower energy costs, but U.S. inflation more broadly was still high and showed little sign of quickly subsiding.

Economists polled by the Wall Street Journal had forecast a 0.2% increase in the consumer price index. It was the smallest uptick in three months.

The yearly…

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