{"id":81244,"date":"2022-04-12T00:59:25","date_gmt":"2022-04-12T04:59:25","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81244"},"modified":"2022-04-12T00:50:04","modified_gmt":"2022-04-12T04:50:04","slug":"marchs-runaway-energy-prices-and-higher-food-costs-could-mean-hottest-consumer-inflation-since-1981","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2022\/marchs-runaway-energy-prices-and-higher-food-costs-could-mean-hottest-consumer-inflation-since-1981.html","title":{"rendered":"March\u2019s runaway energy prices and higher food costs could mean hottest consumer inflation since 1981"},"content":{"rendered":"\n<p>(CNBC) Consumer price inflation in March is expected to have spiked the most since December 1981, driven by higher food costs, rising rents and runaway energy prices. The consumer price index will be released Tuesday at <strong>8:30 a.m<\/strong>. ET, and economists expect a monthly jump of <strong>1.1% <\/strong>and a year-over-year gain of <strong>8.4%<\/strong>, according to Dow Jones. That compares with February\u2019s increase of 0.8%, or 7.9% year over year, the highest since early 1982. \u201cIt\u2019s going to be ugly,\u201d said Mark Zandi, chief economist at Moody\u2019s Analytics.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/04\/11\/march-consumer-inflation-expected-to-be-the-hottest-since-1981.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Consumer price inflation in March is expected to have spiked the most since December 1981, driven by higher food costs, rising rents and runaway energy prices. The consumer price index will be released Tuesday at 8:30 a.m. ET, and [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81244","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81244"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81244\/revisions"}],"predecessor-version":[{"id":81245,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81244\/revisions\/81245"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}