US inflation is 2.7% in March

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15 April 2011 last updated at 15:06 am rising gasoline prices are rising US Food and gas prices drive inflation in which increased the annual rate of US inflation of 2.1% in February to 2.7% in March.

From the consumer price pay the US Labor Department showed the gain between February and March at 0.5%.

Gasoline prices and food together was almost three quarters of annual increment, leave in addition to the rise was only 1.2%.

As in the rest of the world, fuel and food prices in the United States have risen sharply.

Gasoline prices were for the ninth consecutive month, by 5.6% reflects the steady increase in oil prices in recent months.

Food prices rose in February by 0.8%, the largest monthly increase since July 2008.

Food and energy prices costs the increase was only 1.2%.

Wages and salaries in the United States grow hardly that limits the ability of retailers to increase prices.

Rising oil and commodity prices pushing up prices to inflation all over the world.

Also on Friday published figures showed that consumer prices in China rose by 5.6% in March and by 2.7% in the euro area. The Indian Government said that the inflation rate reached 8.9% in February.

A separate Government report on Friday was hourly earnings for all employees, adjusted for inflation, in real terms by 1% in the last year.