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Inflation increase
The largest monthly jump in gas prices in six decades caused a sharp spike in U.S. inflation as energy prices rise due to the Iran war.
⚡ Inflation surged to 3.3% in March, recording the largest monthly increase in four years, as energy prices spiked due to the war in Iran.
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US CPI jumps as gasoline prices surge, but a measure of underlying inflation is tamer than expected
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Surging energy prices from the war in Iran are pushing inflation to its highest level in four years
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Inflation jumped in March, as the U.S. absorbed the economic impact of war with Iran and rising gas prices
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Core inflation, which excludes volatile food and energy costs, rose 2.6% as higher oil costs had yet to fully ripple through other sectors.
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Inflation surged in March, to an annual pace of 3.3 percent, as the energy shock from the war in Iran rippled across the U.S. economy.
Breaking News
Inflation surged in March, rising at a 3.3% annual rate as the Iran war drove up energy prices.
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