Where Data Tells the Story
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A compilation of items that became significantly more expensive in the U.S., based on the latest March 2024 inflation figures (released April 10, 2024).
The U.S. consumer price index (CPI) rose 3.5% in March 2024, on an annual basis. This is notably higher than the 3.2% logged in February, showing once again that inflation is quite “sticky”.
A majority of central banks (including the U.S. Federal Reserve) have a long-term target for inflation at 2%.
Not everything is more expensive relative to last year. For example, in the food category, ham prices fell by -4.2%, while eggs fell by -6.8%.
Household items also got cheaper, including major appliances (-6.3%) and Furniture (-3.8%).