{"id":474962,"date":"2022-03-11T11:12:03","date_gmt":"2022-03-11T05:42:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=474962"},"modified":"2022-03-11T11:12:03","modified_gmt":"2022-03-11T05:42:03","slug":"us-inflation-hit-fresh-40-year-high-of-7-9-before-crude-oil-spike","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/us-inflation-hit-fresh-40-year-high-of-7-9-before-crude-oil-spike\/","title":{"rendered":"US inflation hit fresh 40-year high of 7.9% before crude oil spike"},"content":{"rendered":"<p>US consumer price gains accelerated in February to a fresh 40-year high on rising gasoline, food and housing costs, with inflation poised to rise even further following Russia\u2019s invasion of Ukraine.<\/p>\n<p>The consumer price index jumped 7.9 per cent from a year earlier following a 7.5 annual gain in January, the Labor Department data showed on Thursday. The widely followed inflation gauge rose 0.8 per cent in February from a month earlier, reflecting higher gasoline, food and shelter costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US consumer price gains accelerated in February to a fresh 40-year high on rising gasoline, food and housing costs, with inflation poised to rise even further following Russia\u2019s invasion of Ukraine. The consumer price index jumped 7.9 per cent from a year earlier following a 7.5 annual gain in January, the Labor Department data showed on Thursday. The widely followed inflation gauge rose 0.8 per cent in February from a month earlier, reflecting higher gasoline, food and shelter costs.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-474962","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/474962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=474962"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/474962\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=474962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=474962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=474962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}