In the US, recorded a maximum increase in consumer prices for the year

The rate of inflation in the US in annual terms for the second month in a row is at 2,1%.

Фото: Depositphotos

February 14 in the United States recorded the sharpest consumer price hike over the year, which triggered a decline in financial markets at the start of trading, writes “Voice of America".

The consumer price index, which reflects the dynamics of prices for goods and services, rose by 0,5% in January, whereas in December its growth was 0,2%.

January growth pushed inflation in annual terms to the 2,1% mark, as in December.

According to the Ministry of Labor, consumer prices, excluding unstable changes in food and energy, rose by 0,3%, which is the sharpest jump since January 2017. Analysts predicted growth in the amount of 0,2%.

Stock indices on Wednesday opened lower: the Dow Jones Industrial Average lost about 0,3% after several days of sharp fluctuations between positive and negative indicators.

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