USA. Prices are up but so are sales

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In March, inflation rose by 8.5% year-on-year, a record for the US since the 1981 crisis. Over one month, this increase amounts to 1.2% according to the CPI (Consumer Price Index).

It should be noted that in March inflation was largely due to petrol, whose prices rose by 18.3% from one month to the next, while consumer prices recorded an inflation of 1.2% compared to February. This drop in purchasing power should have reduced American consumption, but it did not: retail sa